‘ United States and Canada ’

Purpose Investments launches actively managed North American enhanced dividend ETF

Dec 29th, 2017 | By
Purpose Investments launches North American enhanced dividend ETF

Toronto-based Purpose Investments has launched the actively managed Purpose Enhanced Dividend Fund (PDIV CN), combining a portfolio of high-quality North American dividend-paying equities with a tactical covered-call option overlay. 



Invesco cuts fees on two PowerShares S&P 500 factor ETFs

Dec 27th, 2017 | By
Invesco cuts fees on two PowerShares S&P 500 factor ETFs

Invesco has lowered the fees charged on two NYSE Arca-listed ETFs, the PowerShares S&P 500 Momentum Portfolio (SPMO US) and the PowerShares S&P 500 Enhanced Value Portfolio (SPVU US), from 0.25% to 0.13%, effective 1 January 2018. Dan Draper, global head of ETFs at Invesco, commented, “We are constantly evaluating our product offerings to ensure that we are offering cost-efficient investment solutions to meet the needs of our investors.”



MiFID II to boost passives’ market share in Europe, finds Cerulli

Dec 23rd, 2017 | By
Angelos Gousios, director, European retail research, at Cerulli.

Angelos Gousios, director, European retail research, at Cerulli, notes that MiFID II’s drive for transparency on costs will shift the balance further in favour of passive investing, benefiting products such as ETFs.



Solactive launches bitcoin futures index

Dec 22nd, 2017 | By
Steffen Scheuble, CEO of Solactive

Frankfurt-based index provider Solactive has unveiled the Solactive Bitcoin Front Month Rolling Futures 5D Index, tracking the performance of bitcoin futures listed on Cboe Global Markets. Steffen Scheuble, CEO of Solactive AG, commented: “This is unprecedented in the history of capital markets and clearly opens the door to new bitcoin-based investment products.”



WisdomTree launches China equity and global balanced income ETFs

Dec 21st, 2017 | By
WisdomTree launches China equity and global balanced income ETFs

WisdomTree has launched two new ETFs on NYSE Arca – the WisdomTree ICBCCS S&P China 500 Fund (WCHN US) and the WisdomTree Balanced Income Fund (WBAL US) – providing exposure to Chinese equities and a portfolio of ETFs composed of equity and fixed income exposures.



Innovator Capital licenses second IBD index for ETF creation

Dec 21st, 2017 | By
Innovator Capital licenses second IBD index for ETF creation

Innovator Capital Management has licensed the IBD ETF Leaders Index from Investor’s Business Daily (IBD) to underlie a new ETF. The Innovator IBD ETF Leaders ETF (LDRS US) is expected to begin trading shortly on NYSE Arca.



BNP Paribas cross-lists equity and real estate ETFs on SIX

Dec 20th, 2017 | By
BNP Paribas cross-lists equity and real estate ETFs on SIX

BNP Paribas Asset Management has cross-listed four ETFs on SIX Swiss Exchange. Three provide smart beta exposure to European and US-listed equities, and the other to a diversified portfolio of real estate companies and real estate investment trusts (REITs) listed in eurozone countries.



WisdomTree restructures value fund into US quality income ETF

Dec 20th, 2017 | By
WisdomTree restructures value fund into US quality income ETF

Wisdomtree has announced that the WisdomTree US LargeCap Value Fund (EZY US) has been restructured into the WisdomTree US Quality Shareholder Yield Fund (QSY US). QSY is an actively managed factor-based ETF which focuses on US-listed companies offering attractive shareholder yield (dividends or buybacks) with a focus on sustainability of income payments.



Factor ETFs – Eat before you pay

Dec 20th, 2017 | By
Factor ETFs – Eat before you pay

By Dr Peter Hopkins, principal, Style Research.

There are lots of ways to entice people into parting with their money – and attractive packaging and descriptions are near the top of the list. ETFs are no exception to the aggressive marketing taking place; neither are the factors that are often used to calibrate the performance of these investments. But can you really trust the products? And what should you look out for?



GraniteShares acquires Master Income ETF; lowers fees

Dec 20th, 2017 | By
GraniteShares acquires Master Income ETF; lowers fees

US-based ETF provider GraniteShares has acquired the Master Income ETF (HIPS US) and rebranded it as the HIPS US High Income ETF. The fund invests in pass-through securities offering high levels of income.