Funds

The U.S. Securities and Exchange Commission Issues Notice of Intention to Permit Blue Tractor Group’s Shielded Alpha℠ ETF Structure

Retrieved on: 
Monday, November 18, 2019
Exchange-traded funds, Finance, Investment, Funds, Money, ETF, E Fund Management (Hong Kong) Co., Limited, Source UK Services

The Shielded Alpha ETF structure is available for license by fund advisors seeking to manage active strategies within an ETF wrapper, while still fully protecting their alpha generation strategy

Key Points: 
  • The Shielded Alpha ETF structure is available for license by fund advisors seeking to manage active strategies within an ETF wrapper, while still fully protecting their alpha generation strategy
    NEW YORK, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Blue Tractor Group, LLC (Blue Tractor) is pleased to announce that the U.S. Securities and Exchange Commission (SEC) has issued notice of its intention to permit Blue Tractors groundbreaking Shielded Alpha exchange-traded fund (ETF) structure.
  • Similar to a fully transparent active ETF, the Shielded Alpha wrapper is a highly transparent structure designed to ensure efficient primary and secondary market trading.
  • Implementation of a Shielded Alpha ETF is streamlined and efficient because all workflow to generate the daily creation basket is done using Blue Tractors cloud-hosted platform.
  • Blue Tractors Shielded Alpha ETF structure (patent pending) permits active fund management within an ETF wrapper, while fully shielding the funds proprietary alpha strategy.

Arksen Is 'One to Watch' as One of the Most Innovative and Impactful Companies of 2019

Retrieved on: 
Monday, November 18, 2019
Economy, Finance, Money, Funds, Investors

LONDON, Nov. 18, 2019 /PRNewswire/ -- Arksen is a leading example of an innovative British business empowering investors to address a major global challenge whilst seeking competitive returns.

Key Points: 
  • LONDON, Nov. 18, 2019 /PRNewswire/ -- Arksen is a leading example of an innovative British business empowering investors to address a major global challenge whilst seeking competitive returns.
  • Just 10 months after launching, Arksen has already been recognised for its impact, influence and investor potential being named 'One to Watch' for the 'UK's Most Impactful Investment' at the 2019 Intelligent Partnership Growth Investor Awards .
  • The Arksen Foundation is a non-profit company actively contributing to research programmes supporting the identification of new species and the preservation of existing ones.
  • Speaking of becoming the 'One to Watch', Arksen Founder Jasper Smith said:
    "The marine industry is at a turning point.

Symphony Floating Rate Senior Loan Fund Renews Normal Course Issuer Bid

Retrieved on: 
Monday, November 18, 2019
Finance, Money, Economy, Investment, Funds, Investment fund, Alternative investment management companies, Institutional investors

TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- (TSX: SSF.UN)Symphony Floating Rate Senior Loan Fund (the Fund) has renewed its normal course issuer bid to purchase up to 998,600 class A units (the Units) of the Fund representing approximately 10% of the public float of 9,986,628 Units.

Key Points: 
  • TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- (TSX: SSF.UN)Symphony Floating Rate Senior Loan Fund (the Fund) has renewed its normal course issuer bid to purchase up to 998,600 class A units (the Units) of the Fund representing approximately 10% of the public float of 9,986,628 Units.
  • The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.
  • Founded in 2000, Brompton is an experienced investment fund manager with approximately $2 billion in assets under management.
  • An investment fund must prepare disclosure documents that contain key information about the Fund.

Putnam Investments Introduces Range of Model Portfolios to Address Market Demand

Retrieved on: 
Monday, November 18, 2019
Banking, Professional services, Finance, Finance, Economy, Money, Funds, Putnam Investments, Investor, Putnam, Investment management, Financial markets, Investment

The demand for strategies in the model delivery structure is rapidly increasing as advisors seek products that are fee-efficient and tailored to meet their clients individual preferences, said Robert L. Reynolds, President and CEO, Putnam Investments.

Key Points: 
  • The demand for strategies in the model delivery structure is rapidly increasing as advisors seek products that are fee-efficient and tailored to meet their clients individual preferences, said Robert L. Reynolds, President and CEO, Putnam Investments.
  • Most importantly, investors are looking for solid, long-term, risk-adjusted performance that can produce positive returns net of fees, explained Reynolds.
  • We are pleased to make a number of our competitively performing active equity strategies available to address a growing marketplace desire for key characteristics offered in a SMA format.
  • The recently launched model SMAs developed by Putnam include:

Arksen Is 'One to Watch' as One of the Most Innovative and Impactful Companies of 2019

Retrieved on: 
Monday, November 18, 2019
Economy, Finance, Money, Funds, Investors

LONDON, Nov. 18, 2019 /PRNewswire/ -- Arksen is a leading example of an innovative British business empowering investors to address a major global challenge whilst seeking competitive returns.

Key Points: 
  • LONDON, Nov. 18, 2019 /PRNewswire/ -- Arksen is a leading example of an innovative British business empowering investors to address a major global challenge whilst seeking competitive returns.
  • Just 10 months after launching, Arksen has already been recognised for its impact, influence and investor potential being named 'One to Watch' for the 'UK's Most Impactful Investment' at the 2019 Intelligent Partnership Growth Investor Awards .
  • The Arksen Foundation is a non-profit company actively contributing to research programmes supporting the identification of new species and the preservation of existing ones.
  • Speaking of becoming the 'One to Watch', Arksen Founder Jasper Smith said:
    "The marine industry is at a turning point.

Voya Equity Closed End Funds Declare Distributions

Retrieved on: 
Friday, November 15, 2019
Consulting, Banking, Professional services, Finance, Economy, Finance, Money, Funds, Investment, Dividend, Shareholders, Income fund, Rate of return, Investment trust, Petroleum & Resources Corporation

Voya International High Dividend Equity Income Fund (NYSE: IID)

Key Points: 
  • Voya International High Dividend Equity Income Fund (NYSE: IID)
    Each Fund intends to make regular monthly distributions based on the past and projected performance of the Fund.
  • Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
  • The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

Sonor Investments Limited Reports Third Quarter Financial Results

Retrieved on: 
Friday, November 15, 2019
Economy, Money, Articles, Investment, Asset, Finance, Cash and cash equivalents, Funds

These assets included $8.6 million of marketable securities, $35.6 million in a private investment and $25.4 million of cash, cash equivalents and short term investments.

Key Points: 
  • These assets included $8.6 million of marketable securities, $35.6 million in a private investment and $25.4 million of cash, cash equivalents and short term investments.
  • During the nine months ended September 30, 2019, the Company realized $124,000 of net capital gains on the sale of investments.
  • In the comparable period for 2018 the Company realized $872,000 of net capital gains on the sale of investments.
  • Sonor Investments Limited is an investment company located in Toronto, Canada.

Ellsworth Growth and Income Fund Ltd Declares Distribution of $0.42 Per Share

Retrieved on: 
Friday, November 15, 2019
Banking, Professional services, Finance, Investment, Taxation in Australia, Funds

The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the Fund) declared a $0.42 per share cash distribution payable on December 27, 2019 to shareholders of record on November 26, 2019.

Key Points: 
  • The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the Fund) declared a $0.42 per share cash distribution payable on December 27, 2019 to shareholders of record on November 26, 2019.
  • The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees.
  • Each quarter, the Board of Trustees reviews the amount of any potential distribution and the income, realized capital gain, or capital available.
  • Ellsworth Growth and Income Fund Ltd. is a diversified management investment company with $183 million in total net assets.

Caldwell Canadian Value Momentum Fund Series A Wins 2019 Lipper Fund Award From Refinitiv

Retrieved on: 
Friday, November 15, 2019
Finance, Economy, Money, Thomson Reuters, Funds, Lipper, Mutual fund, Investment fund, Investment management, ROI Capital, Pembroke Private Wealth Management

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) -- The Caldwell Canadian Value Momentum Fund Series A (CCVMF), managed by Caldwell Investment Management Ltd., has won the Lipper Fund Award from Refinitiv 2019 Canada.

Key Points: 
  • TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) -- The Caldwell Canadian Value Momentum Fund Series A (CCVMF), managed by Caldwell Investment Management Ltd., has won the Lipper Fund Award from Refinitiv 2019 Canada.
  • The CCVMF won for Best Fund Over Past 5 years in the Canadian Equity category, assessed against 69 other funds.
  • About Caldwell Investment Management Ltd.
    Caldwell Investment Management Ltd. is a Toronto-based portfolio manager and investment fund manager that offers mutual fund and pooled fund products to Canadian investors.
  • The Caldwell Canadian Value Momentum Fund (CCVMF) in the Canadian Equity Category for the 5-year period (out of a total of 69 funds) ending July 31, 2019.

Janney Montgomery Scott Selects iCapital Network® for Alternative Investment Platform

Retrieved on: 
Thursday, November 14, 2019
Finance, Consulting, Professional services, Technology, Software, Economy, Finance, Money, Funds, Investment, Alternative investment, Investment fund, Investor, iCapital Network, Janney Montgomery Scott LLC

iCapital Network , the financial technology platform setting the industry standard for access and efficiency in alternative investing, and Janney Montgomery Scott LLC , a leading full-service wealth management, capital markets, and asset management firm, today announced a partnership in which Janney will utilize the iCapital platform technology in a white-label solution to enhance the alternative investment capabilities on Janneys platform.

Key Points: 
  • iCapital Network , the financial technology platform setting the industry standard for access and efficiency in alternative investing, and Janney Montgomery Scott LLC , a leading full-service wealth management, capital markets, and asset management firm, today announced a partnership in which Janney will utilize the iCapital platform technology in a white-label solution to enhance the alternative investment capabilities on Janneys platform.
  • iCapital Network s mission is to power the worlds alternative investment marketplace.
  • An investment in an alternative investment entails a high degree of risk and no assurance can be given that any alternative investment funds investment objectives will be achieved or that investors will receive a return of their capital.
  • iCapital and iCapital Network are registered trademarks of Institutional Capital Network, Inc. All rights reserved.