If your looking for specific news, using the search function will narrow down the results
PIMCO Canada Launches ETF Series of PIMCO Canadian Core Bond Fund
August 19, 2024--PIMCO Canada Corp. ("PIMCO Canada") has launched the exchange-traded fund (ETF) series units (the "ETF Series Units") of the PIMCO Canadian Core Bond Fund (the "Fund"), a strategy that seeks total return, consistent with preservation of capital and prudent investment management, by investing primarily in a diversified portfolio of Canadian dollar fixed income of varying maturities.
The ETF Series Units are expected to commence trading on the Toronto Stock Exchange (TSX) under the ticker symbol CORE when the market opens this morning.
An initial tranche of 50,000 ETF Series Units of the Fund has been issued at $20 per Unit, and the Fund has closed its initial offering of the ETF Series Units. The Fund also offers traditional Mutual Fund Series.
view more
Source: PIMCO Account Management
Ninepoint Partners Files for New Active Energy and Energy Income ETFs
August 16, 2024--Tidal Investments LLC ("Tidal” or the "Adviser”), a leading name in the US ETF industry, and Ninepoint Partners LP ("Ninepoint” or the "Sub-advisor”), one of Canada's leading alternative investment management firms, last week filed an initial registration statement with the Securities and Exchange Commission for two new actively managed energy exchange traded funds (ETFs): Ninepoint Energy ETF and Ninepoint Energy Income ETF.
As disclosed in the initial registration statement, the objective of the Ninepoint Energy ETF will be to seek long-term growth of capital. It will invest primarily in the equity securities of companies worldwide that are involved directly or indirectly in the exploration, development, production and/or distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector ("Energy Companies”).
view more
Source: Ninepoint Partners LP
'Dr Doom' files to launch ETF based on his calamitous outlook
August 16, 2024--Nouriel Roubini, aka Dr Doom, has been dishing up his downbeat takes on the global economy and markets for decades.
Now investors will finally get the chance to see how his gloomy insights translate into financial returns as Roubini, who earned his Dr Doom moniker for foreseeing the 2008 global financial crisis, turns to managing money for the first time at the age of 66.
Barring any late regulatory hitches, the Atlas America exchange traded fund will list in the US in the autumn with Roubini, chief economist and co-founder of US-based Atlas Capital Team, one of three named portfolio managers.
view more
Source: msn.com
Vanguard to Launch 2 Active Muni ETFs
August 15, 2024--vanguard Group on Friday announced plans to launch two active municipal exchange-traded funds, Vanguard Core Tax-Exempt Bond ETF (VCRM) and Vanguard Short Duration Tax-Exempt Bond ETF (VSDM), by year-end.
Vanguard Fixed Income Group will manage the new funds.
The two funds "underscore the firm's ongoing efforts to improve long-term investor outcomes by offering broadly diversified, low-cost municipal bond exposures with the potential to outperform the market over time," said Dan Reyes, who heads Vanguard's portfolio review department.
view more
Source: thinkadvisor.com
Tidal Financial Group Reaches 50 ETF Launches in 2024, Setting a New Industry Standard
August 15, 2024--Tidal Financial Group, the premier provider of full stack ETF services, is proud to announce that it has supported the launch of 50 ETFs in 2024, more than any other U.S. white-label provider year-to-date. This significant milestone reflects Tidal’s dedication to delivering best-in-class service and innovative solutions to the ETF industry.
This achievement was capped off by the recent launch of three Rockefeller Asset Management ETFs, which marked the 50th ETF brought to market this year by Tidal. The Rockefeller Opportunistic Municipal Bond ETF ($RMOP), Rockefeller California Municipal Bond ETF ($RMCA), and Rockefeller New York Municipal Bond ETF ($RMNY) exemplify the strategic partnerships Tidal fosters to bring diverse and innovative products to investors.
view more
Source: Tidal Financial Group
Defiance Launches MSTX, The First Leveraged Single-Stock ETF on MicroStrategy in the US
August 15, 2024--Defiance ETFs is proud to unveil MSTX, the first single-stock long leveraged ETF for MicroStrategy. MSTX seeks to provide 175% long daily targeted exposure to MicroStrategy. Defiance's single-stock ETFs provide leveraged exposure to disruptive companies without the need for a margin account.
MicroStrategy, known for its visionary approach to data analytics and business intelligence, has emerged as a prominent player in the Bitcoin market. With a strategic focus on becoming one of the largest holders of Bitcoin, MicroStrategy has captured the attention of investors seeking leveraged exposure to Bitcoin. As of the end of Q1 2024, MicroStrategy held approximately 214,400 bitcoins with a market value of around $15.22 billion.
view more
Source: Defiance ETFs
YieldMax Launches "Industry First" Short N100 Option Income Strategy ETF (YQQQ)
August 15, 2024--YieldMax announced the launch today of the following ETF:
YieldMax Short N100 Option Income Strategy ETF (Nasdaq: YQQQ)
YQQQ Overview
YQQQ is an actively managed ETF that seeks to generate current income from a synthetic covered put strategy on the Nasdaq-100 index ("Index"), while providing indirect short (inverse) exposure to the performace of the Index.
YQQQ's potential for gains from decreases in the Index level is limited, while its potential for losses resulting from increases in the Index level is up to 100%. An Investment in the Fund is not an investment in the Index. Further, an Investment in the Fund differs from "short selling" or "shorting" the Index. Investors seeking more direct exposure to the Index level should consider an investment other than this Fund.
view more
Source: YieldMax
Amplify ETFs to Liquidate Three ETFs
August 14, 2024--Amplify ETFs, a leading provider of exchange traded funds, today announced the scheduled liquidation of three ETFs (the "Funds"). The Funds scheduled for liquidation include:
Amplify Emerging Markets FinTech ETF (Ticker: EMFQ)
Amplify Treatments, Testing and Advancements ETF (Ticker: GERM)
Amplify Inflation Fighter ETF (Ticker: IWIN)
view more
Source: Amplify ETFs
Westwood Hires Chris Doran as Head of ETF Distribution & National Accounts
August 14, 2024--Highly experienced senior sales leader Doran underscores Westwood's commitment to further expanding its exchange-traded fund (ETF) platform
Doran has a 25-year proven track record in ETF sales in the financial intermediary channel
Westwood Holdings Group ("Westwood") (NYSE: WHG), today announced that Chris Doran has joined the company as Head of ETF Distribution and National Accounts. Doran will report to Dave Linton, Managing Director and Head of Distribution at Westwood.
The addition of Doran further reinforces the company's commitment to expanding its ETF platform and suite of products.
In April 2024, Westwood launched its first exchange-traded fund ("ETF"), the Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST), and launched its second ETF, the Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI), in May 2024.
view more
Source: Westwood Holdings Group Inc
Morgan Stanley Faces Heightened Regulatory Risks Following Bitcoin ETF Offer
August 11, 2024-Former SEC Chief of Web Enforcement John Reed Stark has acknowledged that Morgan Stanley's newest transfer to introduce a wide-scale supply of Bitcoin exchange-traded funds (ETFs) to its clientele will possible lead to increased regulatory scrutiny for the American financial institution.
This growth comes amidst a number of commendations of Morgan Stanley from the crypto group in implementing what might be a big pro-adoption coverage.
Earlier this week, the Wall Avenue large introduced plans to permit 15,000 of its licensed monetary advisors to begin pitching the Bitcoin spot ETFs to shoppers. Particularly, Morgan Stanley will grant clients entry to investing in BlackRock's iShares Bitcoin Belief (IBIT) and Constancy's Smart Origin Bitcoin Fund (FBTC).
view more
Source: recentlyheard.com