Americas ETP News
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Beaumont Capital Management Launches ETF-Based Investment Products for Retirement Accounts
Defensive-oriented products address challenges of existing 401(k) default programs
January 28, 2016--Beaumont Capital Management (BCM), an industry leader in quantitative, ETF-based investment strategies, announced it has launched new retirement-planning financial products for 2016 with the introduction of risk-managed target date Collective Investment Funds (CIFs).
BCM's retirement products address the need for a more versatile investment solution that seeks to benefit in growing markets and can react appropriately and decisively in periods of market volatility.
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Source: Beaumont Capital Management
Upstart stock exchange Aequitas NEO snags first listing: a new PowerShares ETF
January 28, 2016--Upstart exchange Aequitas NEO has secured its first listing.
It's a milestone to be sure, but one that illustrates the challenge of taking on the dominant Toronto Stock Exchang
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Source: Financial Post
ProShares Launches MSCI Emerging Markets Dividend Growers ETF (EMDV)
Expands industry-leading suite of dividend growers ETFs
January 27, 2016--ProShares, the leader in dividend growers ETFs, today launched the ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV).
EMDV is the first ETF focused on emerging markets companies with the longest track records of year-over-year dividend growth. It is sixth in ProShares' suite of dividend growers ETFs-the largest suite of any ETF provider.
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Source: ProShares
Fees on Mutual Funds and ETFs Tumble Toward Zero
'Loss leaders' boost returns for investors but come with new risks;gasps at Goldman Sachs
January 26, 2016--In November, asset manager, BlackRock Inc. said it would slash by more than 50% the annual expenses charged to investors in an exchange-traded fund that aims to mimic the performance of the entire U.S. stock market.
By the end of the day, executives at rival Charles Schwab Corp. had matched the price cut. In December, Vanguard Group announced fee cuts of as much as 25% at dozens of its funds.
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Source: Wall Stret Journal
Guggenheim Russell 1000(R) Equal Weight ETF Completes Merger with Guggenheim S&P 500(R) Equal Weight ETF
January 26, 2016--Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the successfully completed
merger of Guggenheim Russell 1000(R)Equal Weight ETF (EWRI) into Guggenheim S&P 500(R)Equal Weight ETF (RSP).
In connection with the merger, shareholders of EWRI will receive 0.61652528 shares of RSP for each share
of EWRI held, plus a cash amount to be determined.
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Source: Guggenheim Investments
Silver Bullion Trust Unitholders Approve ETF Conversion With Purpose Investments and Enhanced Redemption Features
January 26, 2016--Silver Bullion Trust ("SBT" or the "Trust") (TSX:SBT.UN) (C$) and (TSX:SBT.U)(US$) today announced that SBT Unitholders voted to approve amendments to SBT's Amended and Restated Declaration of Trust dated July 9, 2009 (the "DOT"), in order to permit its conversion from a closed-end fund to a silver-bullion exchange traded fund
(the "ETF Conversion") at a special meeting of Unitholders held earlier today in Toronto.
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Source: Purpose Investments Inc.
First NextSharesTM Fund to List and Trade on NASDAQ Stock Market LLC in February
January 25, 2016--Eaton Vance Corp. (Eaton Vance) and Nasdaq, Inc. (Nasdaq) today announced that the first NextSharesTM exchangetraded
managed fund, Eaton Vance Stock NextShares (Nasdaq: EVSTC) (the
Fund), will list and begin trading on the NASDAQ Stock Market LLC on Friday, February 26, 2016.
Individual investors, financial advisors and institutions may
purchase and sell shares of the Fund through Folio Investing(R) and Folio
Institutional(R), leading online broker-dealers, beginning on Monday, February 29, 2016.
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Source: NextSharesTM
OppenheimerFunds Enters Smart Beta Space with Factor Weighted ETFs
January 25, 2016--OppenheimerFunds, a leading global asset manager, entered the fast-growing smart beta space and is now offering Oppenheimer Factor Weighted ETFs.
The products and solutions offer a unique approach for clients looking to access the ETF market. By weighting each security in the index on the basis of top line revenue, the Factor Weighted Strategies offer the possibility to reduce overexposure to potentially overpriced sectors and stocks while still providing diversification across every security in an index.
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Source: Oppenheimer Funds
RBC Global Asset Management introduces four new ETFs
January 25, 2016--Global Dividend and Global Equity ETFs offer diversified equity portfolios designed to take advantage of global opportunities and manage risk
Emerging Markets Equity ETF provides investors with greater diversification and access to rapidly growing countries
1-5 Year Laddered Canadian Bond ETF adds to high-quality suite of fixed income ETFs
RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the launch of four new Exchange Traded Funds (ETFs). All four begin trading on the Toronto Stock Exchange today.
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Source: RBC Global Asset Management
ETF Securities Commodity ETP Weekly-Commodities end volatile week
January 25, 2016--After a violent crash in cyclical commodities and other risk assets, prices started to recover in the second half of the week.
In contrast to the futures market, ETP investors have been contrarian and have built long positions, particularly in oil.
Market malaise has maintained strong interest in gold as a haven asset.
Inflows into oil ETPs reach highest level since March 2015 as investors bet
on unsustainably low prices. By Wednesday last week, WTI and Brent were down 28.3% and 25.2% YTD respectively. Such low prices were clearly unsustainable and investors bought US$97.0mn of long oil ETPs and divested US$26.6mn of short oil ETPs to take advantage of a rebound.
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Source: ETF Securities
