Index fund

Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q2 2021

Retrieved on: 
Wednesday, April 7, 2021
Dividend, Shareholders, Taxation in Canada, Exchange-traded fund, Index fund

The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.

Key Points: 
  • The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.
  • Performance of the Fund prior to the conversion date would have differed had the Fund been subject to the same investment restrictions and practices of the current open-end mutual fund.
  • If distributions paid are greater than the performance of the fund, your original investment will shrink.
  • Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid.

MVIS Licensed the MVIS US Listed Semiconductor 25 Index to KSM

Retrieved on: 
Tuesday, April 6, 2021
Banking, Professional services, Finance, Index fund

MV Index Solutions GmbH (MVIS) today announced the licensing of the MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) to KSM, a leading Israeli issuer of ETFs and index mutual funds for an ETF and an index fund.

Key Points: 
  • MV Index Solutions GmbH (MVIS) today announced the licensing of the MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) to KSM, a leading Israeli issuer of ETFs and index mutual funds for an ETF and an index fund.
  • I am happy to announce the first licensing of an MVIS-branded index in Israel, said Steven Schoenfeld, CEO at MV Index Solutions.
  • The MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) is a modified market cap-weighted index that tracks the performance of the largest and most liquid US-listed companies that derive at least 50% of their revenues from semiconductors.
  • Detailed information about the index, including methodology details and index data, are available on the MV Index Solutions website .

Canoe EIT Income Fund Announces April 2021 Distribution

Retrieved on: 
Thursday, April 1, 2021
Finance, Money, Economy, Financial ratios, Return of capital, Financial markets, Investment, Rate of return, Net asset value, Index fund, Hedge fund

The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.

Key Points: 
  • The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.
  • A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment.
  • ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the funds ability to generate future income.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution.

Special Opportunities Fund Declares Distributions For Second Quarter of 2021

Retrieved on: 
Thursday, April 1, 2021
Professional services, Finance, Finance, Money, Economy, Investment, Taxation in the United States, Financial ratios, Financial markets, Corporate finance, Index fund, Hedge fund

To the extent that the Funds net investment income and net realized capital gains exceed the aggregate amount distributed pursuant to the managed distribution plan, the Fund may make an additional year-end distribution.

Key Points: 
  • To the extent that the Funds net investment income and net realized capital gains exceed the aggregate amount distributed pursuant to the managed distribution plan, the Fund may make an additional year-end distribution.
  • No conclusions should be drawn about the Funds investment performance from the amount of the distributions.
  • The Fund will issue a notice to common stockholders that will provide an estimate of the composition of each distribution.
  • The current conversion ratio as well as other information about the Fund will be available on the Funds website at www.specialopportunitiesfundinc.com .

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Wednesday, March 24, 2021
Professional services, Finance, Finance, Money, Investment funds, Exchange-traded funds, Investment, Index fund, Closed-end fund, Unit investment trust, SPDR, BetaShares

FTA has collective assets under management or supervision of approximately $179 billion as of February 28, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $179 billion as of February 28, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.
  • Certain Funds have fewer assets than larger, more established funds, and like other relatively new funds, large inflows and outflows may impact such Funds' market exposure for limited periods of time.
  • The First Trust Natural Gas ETF, First Trust Water ETF, First Trust Global Engineering and Construction ETF, First Trust Global Wind Energy ETF, First Trust Cloud Computing ETF and First Trust BICK Index Fund are not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE).

First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for April

Retrieved on: 
Monday, March 22, 2021
Professional services, Finance, Finance, Money, Economy, Financial markets, Investment, Mathematical finance, Rate of return, Taxation in Canada, Capital gains tax, Index fund

Under the Plan, the Fund intends to continue to pay a monthly distribution in the amount of $0.06 per share.

Key Points: 
  • Under the Plan, the Fund intends to continue to pay a monthly distribution in the amount of $0.06 per share.
  • This distribution may consist of net investment income earned by the Fund, net short-term and long-term capital gains and/or tax deferred return of capital.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund will seek to focus its equity investments on income-producing securities.

IBD Unveils Best Mutual Funds for 2021

Retrieved on: 
Monday, March 22, 2021
Other Professional Services, Software, Finance, Internet, Consulting, Banking, Data management, Professional services, Social media, Technology, Mobile, Wireless, Other Communications, Blogging, Publishing, Marketing, Communications, Continuing, Education, Finance, Money, Investment, Investment funds, Institutional investors, Mutual funds, Index fund, Stock fund, Bond fund, Investor's Business Daily

Investors Business Daily (IBD), a leading financial news and research organization, today announced the results of its sixth annual Best Mutual Funds Awards .

Key Points: 
  • Investors Business Daily (IBD), a leading financial news and research organization, today announced the results of its sixth annual Best Mutual Funds Awards .
  • The Best Mutual Funds list is one of our most popular compilations each year because it helps investors find funds that have outperformed over the short, mid and long term, despite substantial changes in market climates, said Susan Warfel, managing editor of IBD.
  • These include U.S. Diversified Stock Funds and its six subcategories: Growth Funds, Blend Funds, Value Funds, Large-Cap Funds, Midcap Funds, and Small-Cap Funds.
  • Taxable Bond Funds, Municipal Bond Funds, International Bond Funds, and Index Funds.

SmartBe Wealth Inc. announces risk rating changes for SmartBe ETFs

Retrieved on: 
Friday, March 19, 2021
Finance, Money, Investment, Institutional investors, Exchange-traded funds, Exchange-traded product, Mutual fund, Investment management, Index fund, CI Financial

These changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds.

Key Points: 
  • These changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds.
  • These changes are the result of SmartBe adopting new reference indices for determining the ETFs risk classification, and are not the result of any changes to the investment objectives, strategies or management of the ETFs.
  • SmartBe Wealth Inc. is a wealth management firm and the manager of exchange-traded funds.
  • SmartBe is dedicated to bringing new quantitative approaches to Canadian investors interested in affordable alternatives to sophisticated investment strategies.

Kinnate Biopharma Inc. Announces Its Addition to the Russell 2000® Index

Retrieved on: 
Friday, March 19, 2021
Finance, Money, Russell Indexes, Investment management, Economy, Index fund, Active management, Index, FTSE Russell, Market capitalization, Russell Small Cap Completeness Index, Stock market index

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Key Points: 
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market.
  • The index is a subset of the Russell 3000 Index and represents approximately 10 percent of the total market capitalization of that index.
  • Approximately $9 trillion in assets are benchmarked against Russells U.S. indexes which are part of FTSE Russell, a leading global index provider .

Schwab International Fundamental Index Mutual Fund Receives Best-in-Class Refinitiv Lipper Fund Award

Retrieved on: 
Monday, March 15, 2021
Banking, Professional services, Finance, Thomson Reuters, Finance, Lipper, Service companies, Money, Charles Schwab Corporation, Refinitiv, Investment management, Index fund, Les Schwab, Refinitiv Indices, Refinitiv Lipper Fund Awards, Refinitiv, Charles Schwab Investment Management, Charles Schwab

Charles Schwab Investment Management, Inc. (CSIM) announced today that the Schwab Fundamental International Large Company Index Fund (SFNNX) has won a 2021 US Refinitiv Lipper Fund Award for outstanding fund performance.

Key Points: 
  • Charles Schwab Investment Management, Inc. (CSIM) announced today that the Schwab Fundamental International Large Company Index Fund (SFNNX) has won a 2021 US Refinitiv Lipper Fund Award for outstanding fund performance.
  • The annual Refinitiv Lipper Fund Awards recognize funds and fund management companies that excel in delivering consistently strong, risk-adjusted performance relative to their peers.
  • We are incredibly pleased that Lipper has recognized the performance of our Schwab Fundamental International Large Company Index Fund, said David Botset, SVP of Product Strategy at CSIM.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.