Archive for October 2016

Amundi launches ETF tracking FTSE Russell’s China A50 Index

Oct 31st, 2016 | By
Hang Seng launches China new economy index

European exchange-traded fund provider Amundi has launched a new ETF on the Hong Kong Stock Exchange which gives investors access to some of China’s largest A-Share companies. Tracking the FTSE China A50 Index, the Amundi FTSE China A50 Index ETF provides exposure to the market cap-weighted performance of the 50 largest companies listed on the Shanghai or Shenzhen stock exchanges. European-listed ETFs tracking the same index include funds from iShares, Deutsche Asset Management and Source.



Six ETFs to play Pfizer’s Q3 earnings report

Oct 31st, 2016 | By
Six ETFs to play Pfizer’s Q3 earnings report

Pharmaceuticals giant Pfizer is due to report its third quarter earnings on 1 November with analysts projecting the company to earn 62 cents a share on $13.05bn in revenue. Over the medium term, investors will also be watching the potential for Pfizer;s new Inflectra drug – set to be launched two years ahead of schedule – and the risk of “major M&A activity over the next 12 months”. Investors looking for tactical exposure to play the possibility the company’s Q3 earnings will beat estimates, may consider several US healthcare sector ETFs from providers such as iShares, SPDR ETFs or Source.



Purpose Investments launches actively managed income ETFs

Oct 28th, 2016 | By
Purpose Investments launches actively-managed income-focused ETFs

Purpose Investments has launched two active ETFs catering to investors seeking income-generating opportunities. The Purpose Conservative Income ETF (Toronto: PRP) and the Purpose Canadian Financial Income ETF (Toronto: BNC) invests in developed North American and Canadian securities respectively while each employs derivatives to either manage downside risk or further boost income. Som Seif, CEO of Purpose Investments: “The [ETFs] provide investors with important and innovative ways to help satisfy the need for regular monthly income while managing risk through option strategies.”



Natixis Global launches actively managed international min vol ETF

Oct 27th, 2016 | By
Natixis launches actively managed international minimum volatility ETF

Natixis Global, the asset management arm of the French corporate and investment bank, has launched the Natixis Seeyond International Minimum Volatility ETF (NYSE Arca: MVIN), its first exchange-traded fund available in the US market. John Hailer, CEO of Natixis Global for the Americas, commented: “Investors are increasingly interested in accessing our investment strategies through ETFs, and MVIN provides them an active strategy which can react to market events and seek to take advantage of opportunities with all the potential benefits of an ETF.”



Auspice Capital launches ETF tracking Canadian natural gas

Oct 27th, 2016 | By
Auspice Capital Advisors launches first ETF tied to Canadian natural gas

Canada-based alternative investment manager Auspice Capital Advisors has launched the Canadian Natural Gas Index ETF (Toronto: GAS), the first ETF to allow investors to gain exposure to the price of Canadian natural gas. Tim Pickering, founder and CIO of Auspice Capital Advisors, commented: “Canada is the largest foreign supplier of natural gas to the US – the world’s largest market participant. As such, it is important for investors to be able to accurately track and capitalize on the commodity’s performance.”



Global actively managed ETFs reach record $40.3bn AUM

Oct 25th, 2016 | By
First Trust launches SMID dividend achievers ETF

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.



Northern Trust reduces fees for six FlexShares ETFs

Oct 25th, 2016 | By
Northern Trust reduces fees for six FlexShares ETFs

Northern Trust has reduced the maximum annual management fee on six of its FlexShares ETFs, including five funds which provide factor-tilted (low size and value) exposures to US, international, or emerging market portfolios. The sixth ETF to have its fees reduced invests in global upstream natural resources companies. Shundrawn Thomas, Head of Northern Trust’s Funds and Managed Accounts Group, commented: “The reduction of management fees for certain FlexShares ETFs reflects the ongoing commitment to our value proposition.”



SSGA expands suite of ‘ex-fossil fuel’ ETFs

Oct 25th, 2016 | By
SSGA expands suite of ‘ex fossil fuel’ ETFs

State Street Global Advisors has launched two new ETFs offering exposure to the equity performance of fossil fuel free companies listed on international developed markets, or emerging markets. The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSE Arca: EFAX) and the SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSE Arca: EEMX) complement an existing S&P 500-based ex-fossil fuels SPDR ETF, together providing global equity exposure for the ESG-conscious investor while maintaining risk and return characteristics similar to the broad market.



Deutsche expands US suite of currency-hedged international fixed income ETFs

Oct 25th, 2016 | By
Deutsche lowers fees on Xtrackers international equity ETF suite

Deutsche Asset Management has launched two fixed income ETFs -the Deutsche X-trackers Barclays International Treasury Bond Hedged ETF (Bats: IGVT) and the Deutsche X-trackers Barclays International Corporate Bond Hedged ETF (Bats: IFIX), expanding their suite of currency-hedged international bond ETFs available to US investors. Fiona Bassett, Head of Passive Asset Management in the Americas, commented: “Through the new Deutsche X-trackers currency-hedged international bonds funds, we are offering investors an opportunity to potentially reduce volatility and drawdown risks while strengthening returns.”



Sun Global/ZyFin tweak index underlying Indian fixed income ETF

Oct 25th, 2016 | By
World’s first Indian fixed income ETF enhances diversification

The Sun Global Zyfin SOE Bond ETF (LON: CURY), the world’s first Indian fixed income ETF, has increased the number of bonds within its index from six to ten in an effort to enhance efficiency through greater diversification and a reduced creation basket size. The fund invests in key Indian Sovereign Owned Enterprises (SOEs) – corporations of national interest which are 51% owned or more by the Government of India. These bonds provide investors with exposure closely tied to the future development of the Indian economy as SOEs play a major role in India’s infrastructure development.