‘ High Income ’

Moody’s investigates effects of smart beta ETF price war

Sep 14th, 2017 | By
IndexIQ adjusts fees on a range of ETFs

The ongoing price war in smart beta ETF fees has the potential to negatively impact the credit ratings of traditional active asset managers as well as smart beta ETF providers, according to credit rating agency Moody’s.

Global X launches preferred stock ETF

Sep 14th, 2017 | By
Jay Jacobs, director of research of Global X.

Global X has launched the Global X US Preferred ETF (BATS: PFFD) providing broad exposure to the income-orientated US preferred asset class. Jay Jacobs, director of research at Global X, commented: “Preferreds have attractive yields that set them apart from other traditional income-generating asset classes like investment grade bonds and REITs.”

Franklin Templeton makes ETF debut in Europe

Sep 11th, 2017 | By
Patrick O’Connor, global head of ETFs at Franklin Templeton Investments.

Franklin Templeton has made its exchange-traded funds debut in Europe with the launch of four smart beta ETFs on the London Stock Exchange and Deutsche Börse’s Xetra. Branded as Franklin LibertyShares and linked to custom proprietary indices, the launch includes a pair of multi-factor ETFs, one of which is SRI focused, and a pair of quality dividend ETFs. Patrick O’Connor, head of global ETFs at Franklin Templeton, said: “Our first European offerings aim to help investors achieve specific investment outcomes such as strong risk-adjusted returns, lower volatility and downside protection.”

BullMark Latin America ETF to close

Sep 11th, 2017 | By
SSGA to close seven UCITS ETFs

Shares of the BullMark LatAm Select Leaders ETF (BMLA) are to be delisted from the NASDAQ due to the fund’s non-compliance with the minimum shareholder requirement. The ETF is issued by Horizons ETF Trust and tracks an index provided by BullMark Financial Group, an asset manager and advisory firm based in Brazil.

Franklin Templeton adopts Euroclear’s international ETF structure for European ETFs

Sep 8th, 2017 | By
Franklin Templeton partners with Euroclear to debut ETFs in Europe

Franklin Templeton has adopted Euroclear’s international security structure for its European line-up of ETFs. Launched in 2013, Euroclear’s international structure for ETFs aims to bring increased efficiency to a process that had previously only been supported by fragmented domestic market practices across Europe.

Hamilton launches active US mid-cap financials ETF

Sep 4th, 2017 | By

Hamilton Capital is launching the actively managed Hamilton Capital US Mid-Cap Financials ETF (HFMU) on the Toronto Stock Exchange. As the name suggests, the fund will give exposure to US mid-size companies operating in the financial sector. The ETF will begin trading at market open on 5 September 2017.

Franklin Templeton debuts two actively managed municipal bond ETFs

Sep 1st, 2017 | By
Franklin Templeton debuts two actively managed municipal bond ETFs

Franklin Templeton Investments has launched two new actively managed municipal bond ETFs, the Franklin Liberty Intermediate Municipal Opportunities ETF (NYSE Arca: FLMI) and Franklin Liberty Municipal Bond ETF (NYSE Arca: FLMB). Patrick O’Connor, global head of ETFs at Franklin Templeton Investments, commented: “Leveraging our world class municipal bond platform, these actively managed ETFs seek to generate yield exempt from federal taxes, allowing investors to keep more of what they earn.”

Amplify ETFs announces changes to YieldShares Prime 5 Dividend ETF

Aug 30th, 2017 | By
Amplify ETFs announces changes to YieldShares Prime 5 Dividend ETF

Amplify ETFs, the sponsor of the income-oriented YieldShares brand of funds, has announced significant changes to the investment objective, index, name and ticker of the Amplify YieldShares Prime 5 Dividend ETF (Bats: PFV).

Smart beta dividend ETFs avoid Provident Financial collapse

Aug 24th, 2017 | By
Quality UK dividend ETFs avoid Provident Financial collapse

Shares of subprime lender Provident Financial, a favourite of star fund manager Neil Woodford, have dived nearly 70% following a profit warning, the resignation of its CEO and the cancellation of its dividend. While the stock is held in many well-known equity income funds, including strategies from Invesco Perpetual’s Mark Barnett plus actively managed funds from Jupiter, Rathbones, M&G and Aberdeen, it is notably absent from the BMO MSCI UK Income Leaders UCITS ETF (ZILK) and SPDR S&P UK Dividend Aristocrats UCITS ETF (UKDV) – two smart beta ETFs that deploy rules-based screens to achieve dividend sustainability.

Redwood launches emerging markets dividend ETF on Aequitas NEO

Aug 24th, 2017 | By
Redwood launches emerging markets dividend ETF on Aequitas NEO

Redwood Asset Management has launched the Redwood Emerging Markets Dividend ETF (REM) on Aequitas NEO Exchange in Canada. The actively managed fund targets exposure to high-quality, income-generating companies in developing countries while seeking to lower volatility compared to the broad market.