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DWS Expands Xtrackers ESG Suite with Dividend, Growth and Value ETFs
November 9, 2022--DWS, one of the world's leading asset managers, announced today the listing of three new exchange-traded funds (ETFs) that provide exposure to U.S. equity investment styles with ESG (environmental, social and governance) screened U.S. dividend, growth and value-oriented equities.
The products, which listed on the CBOE, BZX Exchange today are:
Xtrackers S&P ESG Dividend Aristocrats ETF (CBOE: SNPD)
Xtrackers S&P 500 Growth ESG ETF (CBOE: SNPG)
Xtrackers S&P 500 Value ESG ETF (CBOE: SNPV)
The new listings strengthen DWS’s ESG Xtrackers suite that, together with their competitive net expense ratios, ranges across most major equity and fixed income markets and can be used as core portfolio building blocks.
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Source: dws.com
Innovator Launches the Equity Managed Floor ETFTM (SFLR), a Unique Core Portfolio Investment Strategy Designed to Address Tail Risk in Stocks
November 9, 2022--Innovator Equity Managed Floor ETF (SFLR) is a stock-based ETF that seeks to limit the potential for maximum losses, yet also offer upside participation and dividend income
Tail risk represents a unique concern amongst advisors
SFLR intended as a strategic, core equity solution that can serve as a long-term strategic allocation in a portfolio setting; Active ETF to be composed of stocks with an options overlay
nnovator Capital Management, LLC (Innovator), the Defined Outcome ETFs pioneer, today announced the listing of the Innovator Equity Managed Floor ETF (SFLR) on NYSE Arca. SFLR seeks to deliver investors U.S. equity upside and income potential, while limiting a shareholder's potential for maximum loss through a sophisticated options overlay.
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Source: Innovator Capital Management
CBO-Monthly Budget Review: Summary for Fiscal Year 2022
November 8, 2022--In fiscal year 2022, the federal deficit totaled nearly $1.4 trillion. That deficit was equal to 5.5 percent of GDP, down from 12.3 percent in 2021, but still larger than the 4.6 percent recorded in 2019-the most recent year not affected by the pandemic.
Summary
In fiscal year 2022, which ended on September 30, the federal budget deficit totaled nearly $1.4 trillion.
The marked decline in the deficit from the previous year reflected waning spending in response to the coronavirus pandemic and increased revenues driven by higher inflation and the continued recovery of economic activity.
In 2022, the deficit was equal to 5.5 percent of the nation's gross domestic product (GDP), down from 12.3 percent in 2021, but still larger than the 4.6 percent recorded in 2019-the most recent year not affected by the pandemic. The 2022 deficit was the third largest as a percentage of GDP over the past decade and greater than the 50-year average of 3.6 percent.
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Source: CBO (Congressional Budget Office)
Angel Oak Capital Advisors Launches Income ETF Focused on Residential Mortgage Credit Opportunities
November 8, 2022--Following the successful launch of the UltraShort Income ETF, Angel Oak continues the expansion of its ETF suite
Angel Oak Capital Advisors, an investment management firm that specializes in value-driven structured credit, is excited to announce the launch of the Angel Oak Income ETF (NYSE: CARY).
The firm's second actively managed exchange-traded fund provides investors with the opportunity to invest primarily across U.S. structured credit with a strong bias toward residential mortgage credit.
The Fund's significant allocation to structured credit combined with Angel Oak's experience in these fixed-income asset classes should drive significant yield at a moderate duration compared to other similarly rated corporate bond indices as well as broad fixed-income markets.
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Source: Angel Oak Capital Advisors, LLC
OECD-Latin America and the Caribbean: The green transition can be an economic and social game changer, says new report
November 7, 2022-- Climate change could significantly worsen long-term economic prospects and exacerbate inequalities in Latin American and the Caribbean (LAC). It is urgent to advance towards an ambitious and comprehensive green agenda to address its consequences and improve well-being for all.
An effective green transition in LAC could potentially add 10.5% more new jobs by 2030, says the Latin American Economic Outlook (LEO) 2022: Towards a green and just transition, presented today on the side-lines of COP27 in Sharm El-Sheik.
According to the 15th edition of the report, this year's economic slowdown, an unstable international context hit by Russia's war of aggression against Ukraine, increased inflationary pressures and reduced macroeconomic policy space make it harder for LAC economies to resume a path to sustainable growth and to protect the most vulnerable. For example, it is estimated that in 2022 vulnerable households in LAC faced an average price increase of 3.6 percentage points higher than the nationally representative household.
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Source: oecd.org
IMF Staff Country Report-Mexico: 2022 Article IV Consultation-Press Release and Staff Report
November 4, 2022--Summary:
Mexico's economy has recovered more gradually from the pandemic than many peers. Even so, inflation has accelerated and has become more entrenched, as elsewhere.
Domestic and external financial conditions tightened in the past year, while near-term growth prospects for the U.S., Mexico's main trading partner, have weakened.
The risks of capital outflows have risen. These new challenges compound Mexico's long-standing problems of low growth and high inequality.
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Source: IMF.org
VanEck Launches Actively Managed Dynamic High Income ETF (INC), Focused on High Yielding Segments of the Market
November 3, 2022--INC is designed to maximize yield per unit of risk by optimizing exposures to high income producing assets and actively managing allocations based on market conditions.
VanEck today announced the launch of the VanEck Dynamic High Income ETF (NYSE: INC), an actively managed multi-asset income-focused ETF offering diversified exposure across the highest yielding segments of the equity income and fixed income markets.
INC seeks to identify compelling sources of high income and dividends and builds a corresponding portfolio primarily of ETFs. The Fund's management team then seeks to maximize yield per unit of risk by assessing volatility and correlation data to optimize and refine specific exposures. The Fund is also designed to adapt quickly to changing market conditions and to be able to take advantage of pricing anomalies within the market.
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Source: VanEck
First Trust Launches FT Energy Income Partners Strategy ETF
November 3, 2022--An actively managed ETF that provides exposure to energy and related industries
-First Trust Advisors L.P. ("First Trust"),a leading exchange-traded fund ("ETF") provider and asset manager,announced today that it has launched a new ETF,the FT Energy Income Partners Strategy ETF (NYSE Arca: EIPX) (the "fund").
The fund is managed and sub-advised by Energy Income Partners,LLC ("EIP") and seeks risk-adjusted total return by investing at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity securities in the broader energy market.
"The energy sector has been a bright spot in 2022,producing robust returns even as the broader equity market declined. In our opinion,the energy sector remains an attractive opportunity as global demand for fossil fuels may reach record levels over the next few years,even as supply remains relatively tight," said Ryan Issakainen,CFA, Senior Vice President, and ETF Strategist at First Trust.
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Source: First Trust
Dimensional Lists Three New Equity Sustainability ETFs
November 2, 2022--Dimensional Fund Advisors, a global leader in systematic investing, expanded its exchange-traded funds (ETFs) offering with today's listing of three new equity sustainability ETFs on the New York Stock Exchange (NYSE).
The new ETFs offer broadly diversified exposure to equities in US, developed international, and emerging markets while applying climate-focused sustainability considerations. Dimensional has also filed for a global fixed income sustainability ETF, which it intends to launch later this month.
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Source: dimensional.com
Client First Tax & Wealth Advisors Announces New AdaptivTM Select ETF (Ticker: Adpv); a Proprietary Actively Managed, Large Cap Stock Selection ETF
November 2, 2022--Client First Tax & Wealth Advisors announced today it is in the pre-effective stage of launching its first exchange traded fund (ETF); AdaptivTM Select ETF (ticker: ADPV).
Client First, an independent Registered Investment Advisor located in West Bend, Wisconsin, is working with strategic partners US Bank, Exchange Traded Products (ETC), and Quasar Distributors to bring the Momentum-based large-cap stock selection strategy to life within the tax efficient exchange traded vehicle.*
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Source: Client First Tax & Wealth Advisors