Exchange-traded product

Invesco Canada Opens the Market

Retrieved on: 
Monday, February 27, 2023

TORONTO, Feb. 27, 2023 /CNW/ - Pat Chiefalo, Head of ETFs and Index Strategies, Invesco Canada, along with members of the Invesco team and guests from NEI Investments and S&P Dow Jones, joined Graham Mackenzie, Managing Director of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of five new ETFs: Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (TSX: ICAE), Invesco S&P US Dividend Aristocrats ESG Index ETF (TSX: IUAE), Invesco S&P US Dividend Aristocrats ESG Index ETF - CAD Hedged (TSX: IUAE.F), Invesco S&P International Developed Dividend Aristocrats ESG Index ETF (TSX: IIAE), Invesco S&P International Developed Dividend Aristocrats ESG Index ETF – CAD Hedged (TSX: IIAE.F).

Key Points: 
  • TORONTO, Feb. 27, 2023 /CNW/ - Pat Chiefalo, Head of ETFs and Index Strategies, Invesco Canada, along with members of the Invesco team and guests from NEI Investments and S&P Dow Jones, joined Graham Mackenzie, Managing Director of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of five new ETFs: Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (TSX: ICAE), Invesco S&P US Dividend Aristocrats ESG Index ETF (TSX: IUAE), Invesco S&P US Dividend Aristocrats ESG Index ETF - CAD Hedged (TSX: IUAE.F), Invesco S&P International Developed Dividend Aristocrats ESG Index ETF (TSX: IIAE), Invesco S&P International Developed Dividend Aristocrats ESG Index ETF – CAD Hedged (TSX: IIAE.F).
  • The launch of these new ETFs is the latest step in the growing partnership between Invesco, NEI and leading index providers in Canada.

EQM Indexes Launches Direct Indexes on SMArtX UMA Platform

Retrieved on: 
Thursday, February 2, 2023

EQM Indexes, a creator of innovative investable direct indexes, today announced it added five new direct indexes to the SMArtX Advisory Solutions unified managed accounts (UMA) platform.

Key Points: 
  • EQM Indexes, a creator of innovative investable direct indexes, today announced it added five new direct indexes to the SMArtX Advisory Solutions unified managed accounts (UMA) platform.
  • These indexes leverage EQM Indexes research and expertise to provide targeted, customizable, tax managed exposure to these investment themes and specific market segments.
  • EQM Indexes’ direct index models provide global exposure using U.S. exchange-traded companies and are thoughtfully weighted and rebalanced to offer targeted, index-based exposure.
  • “We look forward to working with EQM Indexes to provide our clients with these low-cost, customizable, direct indexing model solutions.”
    These direct index models can be accessed on the SMArtX Advisory Solutions platform.

Global Crypto Based Exchange Traded Products AUM Increased 39% in Jan. as Crypto Markets Top $1 Trillion

Retrieved on: 
Monday, February 13, 2023

The year-on-year data show a 37% decrease in the total crypto market cap compared to the $1.7 trillion total value observed on Feb.1, 2022.

Key Points: 
  • The year-on-year data show a 37% decrease in the total crypto market cap compared to the $1.7 trillion total value observed on Feb.1, 2022.
  • Total crypto ETP AUM increased to $27 billion from $20 billion between Jan.1 and Feb.1, according to Fineqia Research.
  • The ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).
  • In the same period, the AUM of ETPs holding BTC increased 41% to $19 billion from $13.5 billion.

Global Crypto Based Exchange Traded Products AUM Increased 39% in Jan. as Crypto Markets Top $1 Trillion

Retrieved on: 
Monday, February 13, 2023

The year-on-year data show a 37% decrease in the total crypto market cap compared to the $1.7 trillion total value observed on Feb.1, 2022.

Key Points: 
  • The year-on-year data show a 37% decrease in the total crypto market cap compared to the $1.7 trillion total value observed on Feb.1, 2022.
  • Total crypto ETP AUM increased to $27 billion from $20 billion between Jan.1 and Feb.1, according to Fineqia Research.
  • The ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).
  • The AUM of Ethereum (ETH) denominated ETPs closely followed with a 35% increase to $6.7 billion on Feb.1, from $5 billion on Jan.1.

BMO ETFs Opens the Market

Retrieved on: 
Thursday, February 9, 2023

TORONTO, Feb. 9, 2023 /CNW/ - Kevin Gopaul, President of BMO ETFs, and guests joined Graham Mackenzie, Head of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of six new ETFs: the BMO Covered Call Energy ETF (TSX: ZWEN), the BMO Covered Call Health Care ETF (TSX: ZWHC), the BMO Global Agriculture ETF (TSX: ZEAT), the BMO US Aggregate Bond Index (TSX: ZUAG) (TSX: ZUAG.F) (TSX: ZUAG.U) and the BMO US TIPS Index ETF (TSX: TIPS) (TSX: TIPS.F) (TSX: TIPS.U) and a new class of unit of BMO Growth ETF (TSX: ZGRO.T).

Key Points: 
  • TORONTO, Feb. 9, 2023 /CNW/ - Kevin Gopaul, President of BMO ETFs, and guests joined Graham Mackenzie, Head of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of six new ETFs: the BMO Covered Call Energy ETF (TSX: ZWEN), the BMO Covered Call Health Care ETF (TSX: ZWHC), the BMO Global Agriculture ETF (TSX: ZEAT), the BMO US Aggregate Bond Index (TSX: ZUAG) (TSX: ZUAG.F) (TSX: ZUAG.U) and the BMO US TIPS Index ETF (TSX: TIPS) (TSX: TIPS.F) (TSX: TIPS.U) and a new class of unit of BMO Growth ETF (TSX: ZGRO.T).
  • BMO Exchange Traded Funds has been an ETF provider in Canada for more than 12 years, with over 100 strategies, over 25 per cent market share in Canada1, and $87.7 billion in assets under management.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's  Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

Teucrium Launches Teucrium AiLA Long-Short Agriculture Strategy ETF

Retrieved on: 
Tuesday, December 20, 2022

Teucrium Trading, LLC, the Sponsor of agricultural futures-based ETFs, announced that the Teucrium AiLA Long-Short Agriculture Strategy ETF (“OAIA” or “the Fund”) will begin trading on the New York Stock Exchange today under the ticker OAIA.

Key Points: 
  • Teucrium Trading, LLC, the Sponsor of agricultural futures-based ETFs, announced that the Teucrium AiLA Long-Short Agriculture Strategy ETF (“OAIA” or “the Fund”) will begin trading on the New York Stock Exchange today under the ticker OAIA.
  • OAIA allows investors to access a sophisticated, long-short strategy through a passively managed, liquid, and tax efficient fund.
  • “We are excited to partner with a top-tier technology and data analytics firm in OPALai, and to launch the Teucrium AiLA Long-Short Agriculture Strategy ETF,” said Jake Hanley, Managing Director and Senior Portfolio Strategist at Teucrium.
  • Teucrium Investment Advisors, LLC is an investment adviser in Burlington, Vermont and is a wholly owned limited liability company of Teucrium Trading, LLC.

EQM Indexes and Pinnacle Dynamic Funds Launch Focused Opportunities Index

Retrieved on: 
Tuesday, December 13, 2022

In collaboration with Springfield, Missouri-based Pinnacle Dynamic Funds , index development firm EQM Indexes LLC has launched a groundbreaking new index, the EQM Pinnacle Focused Opportunities Index (FCUSIDX).

Key Points: 
  • In collaboration with Springfield, Missouri-based Pinnacle Dynamic Funds , index development firm EQM Indexes LLC has launched a groundbreaking new index, the EQM Pinnacle Focused Opportunities Index (FCUSIDX).
  • The EQM Pinnacle Focused Opportunities Index employs a concentrated, rules-based process in an attempt to deliver replicable, risk managed, equity index outperformance over time.
  • Pinnacles Chief Investment Officer, Paul Carroll, says, We are excited to partner with EQM Indexes to launch this index product, and provide investors with this dynamic index strategy designed to help successfully navigate various market conditions.
  • The EQM Pinnacle Focused Opportunities Index (FCUSIDX or the Index) is an index of Pinnacle Family Advisors, LLC and is calculated and published by Solactive AG.

HKEX Welcomes Asia's First Crypto Asset ETFs

Retrieved on: 
Friday, December 16, 2022

HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.

Key Points: 
  • HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.
  • We look forward to welcoming more themed ETFs and more digital asset products to our markets in the months ahead."
  • As of November 2022, 168 ETPs were listed on HKEX, with a market capitalisation of HK$373.5 billion.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.