‘ First Asset ’

First Asset launches unhedged Tech Giants ETF share class

Sep 1st, 2017 | By
First Asset launches unhedged Tech Giants ETF share class

First Asset Investment Management has launched a new share class of the First Asset Tech Giants Covered Call ETF (Toronto: TXF) which will trade under the ticker code TXF.B.



First Asset launches international risk-weighted ETF

Aug 29th, 2017 | By
First Asset launches international risk-weighted ETF

First Asset Investment Management has launched the First Asset MSCI International Low Risk Weighted ETF on the Toronto Stock Exchange, providing exposure to a portfolio of low volatility equities from developed international countries.



First Asset launches US trend-following ETF

Jul 6th, 2017 | By
First Trust switches ETF to Dorsey Wright momentum strategy

First Asset has launched the First Asset US TrendLeaders Index ETF (SID) on the Toronto Stock Exchange, offering exposure to a portfolio of US equities selected due to the strength of their recent price trends.



Global actively managed ETFs reach record $40.3bn AUM

Oct 25th, 2016 | By
BlackRock rolls out two equity income ETFs on LSE

Assets invested in actively managed exchange-traded funds and exchange-traded products listed globally reached a new record high of $40.3bn at the end of Q3 2016, according to data from London-based ETF industry consultant ETFGI. During September, actively managed ETFs/ETPs saw net inflows of $574m, contributing to year-to-date net inflows of $3.9bn for the asset type. Only nine actively managed ETFs/ETPs, out of a total 293, have managed to reach the coveted $1bn AUM milestone.



First Asset rolls out tactical rotation, low vol and multi-factor ETFs

Oct 18th, 2016 | By
First Asset rolls out tactical rotation, low vol and multi-factor ETFs

First Asset has launched three equities ETFs on the Toronto Stock Exchange, offering investors access to tactical rotation, low volatility and multi-factor strategies. Each ETF follows a proprietary rules-based index developed by CIBC Capital Markets, a leading provider of quantitative index strategies in Canada and the United States. Barry Gordon, President and Chief Executive Officer, First Asset, commented: “This is a unique opportunity for investors to benefit from a range of quantitative indices designed by one of Canada’s leading index strategy teams, while also enjoying the benefits of the ETF structure.”



First Asset launches US and Canadian buyback ETFs

Sep 19th, 2016 | By
Europe-listed equity ETFs saw inflows of $1.6bn during the month, double the amount seen during August 2016.

Canadian ETF provider First Asset has introduced the First Asset Canadian Buyback Index ETF (FBE) and the First Asset US Buyback Index ETF (FBU), providing access to portfolios of Canadian and US equities with active share repurchase programs. Companies which engage in share buybacks may display several beneficial characteristics compared to other firms such as stronger cash flows, lower share price volatility and greater tax efficiency.



First Asset launches actively managed IG corporate bond ETF on TSX

Aug 23rd, 2016 | By
First Asset introduces actively managed investment grade bond ETF

Canadian investment manager and exchange-traded fund issuer First Asset has launched the First Asset Investment Grade Bond ETF (Toronto: FIG), an actively managed ETF providing exposure to a high quality, diversified mix of investment grade corporate bonds from issuers in Canada, the US and Europe. The ETF, which has been listed on the Toronto Stock Exchange (TSX), has come about via the conversion of the Marret Investment Grade Bond Fund. Toronto-based Marret Asset Management, which specialises in credit fixed income portfolios, will continue to act as manager to the fund.



First Asset launches Preferred Share ETF and Long Duration FI ETF on Toronto Exchange

May 20th, 2016 | By
First Trust launches institutional preferred securities ETF

Canadian exchange-traded fund issuer First Asset Investment Management has launched the First Asset Preferred Share ETF (FPR) and First Asset Long Duration Fixed Income ETF (FLB) on the Toronto Stock Exchange. FPR’s portfolio will consist primarily of preferred shares of North American issuers but may also hold investment grade corporate debt and convertible bonds, while FLB shall form its portfolio primarily of longer dated developed markets, Canadian and US government issued fixed income securities. Total expense ratios of 0.65% and 0.30% apply respectively.



Toronto Stock Exchange reaches milestone of 400 listed ETFs

May 5th, 2016 | By
Toronto Stock Exchange reach milestone of 400 listed ETFs

Toronto Stock Exchange has surpassed a significant milestone this week with more than 400 exchange traded funds now listed on its platform. The number of ETFs listed on the exchange has more than doubled since 2011, bringing the total market capitalization to approximately $106 billion as of 30 April 2016. To celebrate the achievement, ETF industry participants joined Shaun McIver, Chief Client Officer, Equity Capital Markets, TMX Group to open trading on 4 May 2016.



First Asset launches smart beta ETF on Canadian equities

May 4th, 2016 | By
WisdomTree launches Canada aggregate bond ETF

Canadian exchange-traded fund provider First Asset Investment Management has launched the First Asset MSCI Canada Quality Index Class ETF (FQC) on the Toronto Stock Exchange. The ETF tracks the MSCI Canada Quality Index which references 25 Canadian companies, including large and mid-cap stocks with sustainable competitive advantages, durable business models, consistently improving earnings and healthy balance sheets. The index identifies stocks with high quality scores based on three fundamental variables: high return on equity, stable year-over-year earnings growth and low financial leverage. Constituents are weighted according to their relative quality scores and their market capitalizations.