ETF

BlockDAG Network Introduces Major Updates and Dev Releases while Bitcoin Halving Approaches

Retrieved on: 
Thursday, April 4, 2024

Peters went on to suggest that Bitcoin could reach new all-time highs following the 2024 halving, potentially surpassing the $100,000 mark.

Key Points: 
  • Peters went on to suggest that Bitcoin could reach new all-time highs following the 2024 halving, potentially surpassing the $100,000 mark.
  • Now, as Bitcoin approaches its fourth halving event scheduled for April 19th 2024, the digital currency is set for remarkable growth once again.
  • In the midst of the excitement surrounding the Bitcoin halving event, BlockDAG Network has introduced several updates to its platform.
  • In addition to the whitepaper release, BlockDAG Network has launched a new " dev releases " section on its website, providing users with regular updates on various BlockDAG Network-related topics.

Cryptocurrency Market Trends: Bitcoin (BTC), Ethereum (ETH), and Furrever Token (FURR) Present Compelling Investment Options

Retrieved on: 
Thursday, April 4, 2024

As the digital gold grapples with ongoing market dynamics, the question on every investor's mind remains: Has the Bitcoin downturn reached its nadir?

Key Points: 
  • As the digital gold grapples with ongoing market dynamics, the question on every investor's mind remains: Has the Bitcoin downturn reached its nadir?
  • Despite recent corrections, BTC is yet to signal a definitive turnaround, with a fresh daily low just recorded at $64,493.
  • Moreover, the active and engaged community surrounding Furrever Token has played a crucial role in its rapid growth and success.
  • With its current price at $0.000396, Furrever Token continues to attract attention and investment as it moves forward with its presale stages.

AGF Management Limited Reports First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 4, 2024

AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 29, 2024.

Key Points: 
  • AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 29, 2024.
  • “Our solid results this quarter reflect our long-term efforts to diversify our business,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF.
  • “While the challenging market environment has weighed on industry and AGF flows, net flows improved during the quarter due to seasonality.
  • AGF Investments Inc. was recognized with FundGrade A+® Awards for AGF American Growth Fund/Class, AGF Global Select Fund, AGF Fixed Income Plus Fund and AGF Global Convertible Bond Fund.

YieldMax™ ETFs Announces Monthly Distributions on MSTY (120.57%), CONY (119.30%), NVDY (106.86%), AMDY (65.04%), FBY (61.10%) and Others

Retrieved on: 
Wednesday, April 3, 2024

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

Innovator Expands Defined Protection 100% Buffer ETF™ Suite with AAPR Following Market Demand

Retrieved on: 
Monday, April 1, 2024

The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.

Key Points: 
  • The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.
  • Depending upon market conditions at the time of purchase, a shareholder that purchases shares after the Outcome Period has begun may also lose their entire investment.
  • For instance, if the Outcome Period has begun and the Fund has decreased in value beyond the pre-determined buffer, an investor purchasing shares at that price may not benefit from the buffer.
  • The Funds seek to provide shareholders that hold Shares for the entire Outcome Period with a Buffer against the Underlying ETF losses during the Outcome Period.

Sprott Announces Expense Ratio Reduction for Sprott Uranium Miners ETF (NYSE Arca: URNM)

Retrieved on: 
Monday, April 1, 2024

TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024.

Key Points: 
  • TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024.
  • Sprott Uranium Miners ETF (NYSE Arca: URNM) is the only1 pure-play2 U.S.-listed uranium ETF focused on uranium miners and physical uranium that seeks to invest at least 80% of its total assets in securities of the North Shore Global Uranium Mining Index (URNMX).
  • Sprott had approximately US$28.7 billion in assets under management (as of 12/31/2023), with nearly $8 billion invested in uranium and uranium equities.
  • Seeks to invest at least 80% of its total assets in securities of the North Shore Global Uranium Mining Index (URNMX).

KraneShares China Internet & Covered Call ETF (Ticker: KLIP) Announces March Distribution, Delivering A Current Distribution Rate of 49.79%

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- KraneShares, a leading global ETF provider specializing in China, climate, and uncorrelated assets, today announced a monthly distribution for the KraneShares China Internet & Covered Call Strategy ETF (Ticker: KLIP) in the amount of $0.611927 per share, representing a Monthly Distribution* of 4.06% and a current Distribution Rate** of 49.79%.

Key Points: 
  • NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- KraneShares, a leading global ETF provider specializing in China, climate, and uncorrelated assets, today announced a monthly distribution for the KraneShares China Internet & Covered Call Strategy ETF (Ticker: KLIP) in the amount of $0.611927 per share, representing a Monthly Distribution* of 4.06% and a current Distribution Rate** of 49.79%.
  • The Fund’s current 30-day SEC Yield, which excludes options income, is -0.05%.†
    The performance data quoted represents past performance.
  • For performance data current to the most recent month end, please visit kraneshares.com/klip .
  • Please refer to the table below for KLIP’s 12-month distribution history.

AGF Investments Announces Proposed Termination of AGF Global Opportunities Bond ETF, AGF Systematic Canadian Equity ETF and AGF Systematic Emerging Markets Equity ETF

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the proposed termination of AGF Global Opportunities Bond ETF (ticker: AGLB), AGF Systematic Canadian Equity ETF (ticker: QCD) and AGF Systematic Emerging Markets Equity ETF (ticker: QEM) (each an “AGF Investments ETF” and collectively, the “AGF Investments ETFs”) effective at the close of business on or about May 28, 2024 (the “ETF Termination Date”).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the proposed termination of AGF Global Opportunities Bond ETF (ticker: AGLB), AGF Systematic Canadian Equity ETF (ticker: QCD) and AGF Systematic Emerging Markets Equity ETF (ticker: QEM) (each an “AGF Investments ETF” and collectively, the “AGF Investments ETFs”) effective at the close of business on or about May 28, 2024 (the “ETF Termination Date”).
  • Securityholders of the AGF Investments ETFs will be able to sell their units through the facilities of the applicable stock exchanges until the Delisting Date.
  • AGF Investments will issue an additional press release on or about the ETF Termination Date confirming final details of the terminations, including final distributions, if any.
  • As a result of the proposed terminations, AGF Investments is also announcing today ad hoc distributions for AGF Systematic Canadian Equity ETF (ticker: QCD) and AGF Systematic Emerging Markets Equity ETF (ticker: QEM), which usually pay annual distributions.

Mulvihill Premium Yield Fund Announces Year End Results

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Mulvihill Premium Yield Fund (the “Fund”) (TSX: MPY) announces results of operations for the year ended December 31, 2023.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Mulvihill Premium Yield Fund (the “Fund”) (TSX: MPY) announces results of operations for the year ended December 31, 2023.
  • Distributions paid to Class I units, Class F units, Class A units, and ETF units were $0.57 per unit for each Class of units during the year.
  • The Fund will write options to seek to earn tax efficient option premiums, reduce overall portfolio volatility and enhance the portfolio’s total return.
  • The Fund seeks to achieve a 5 percent yield, with additional capital growth potential beyond such yield target.

Tidal and Hashdex Announce Trading of U.S. Spot Bitcoin ETF

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).
  • Tidal ETF Services LLC serves as the Fund’s Administrator and BitGo serves as its Bitcoin Custodian.
  • The completed conversion of the Fund to a spot bitcoin ETF allows investors to gain exposure to spot pricing through an established product.
  • “We chose to partner with Hashdex on the Hashdex Bitcoin ETF because we knew that the firm’s extensive experience in the space would ensure that we custom-built an investor-friendly product that can offer benefits that otherwise may be unavailable when trading bitcoin directly in unregulated markets,” said Mike Venuto, CIO and Co-Founder of Tidal.