If your looking for specific news, using the search function will narrow down the results
Invesco Expands Active ETF Platform by Adding Innovative Option Strategy to Highest Demand Offerings
July 17, 2024--Fee waiver brings QQA and RSPA management fee to zero
Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it will expand its active ETF platform by layering an options income strategy over two of its most well-known and high demand investment offerings.
The launch of the Invesco Income Advantage Suite seeks to add consistent yield to the Nasdaq 100 Index and S&P 500 Equal Weight Index offering investors another way to access these two innovative strategies.
Actively managed Invesco QQQ Income Advantage ETF (QQA) and Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) aim to combine the equity exposure of an index-tracking product with a consistent and high monthly yield. QQA and RSPA are unique in their goals to offer reliable income and market participation, and a diversified option income overlay, allowing for a balance of yield and growth with a focus on long-tern total returns.
view more
Source: Invesco Ltd
KraneShares Launches KSPY Tracking an Index Powered by Hedgeye Research Designed to Reduce Volatility and Provide a Downside Hedge on S&P 500
July 16, 2024--Today, Krane Funds Advisors, LLC ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs) announced the launch of the KraneShares Hedgeye Hedged Equity Index ETF (Ticker: KSPY) on the New York Stock Exchange (NYSE).
KraneShares has an exclusive license to the Hedgeye Hedged Equity Index provided by Hedgeye Asset Management, LLC ("HAM"), a subsidiary of Hedgeye Risk Management, LLC ("Hedgeye"), a leading independent provider of real-time investment research and online financial media headquartered in Stamford, CT.
KSPY tracks the Hedgeye Hedged Equity Index. The Index provides exposure to the S&P 500 while seeking to reduce volatility and to provide downside risk management. The Index utilizes a model based on Hedgeye's proprietary Risk Range Signals that analyze the daily trading range of the S&P 500. The Index toggles between three options strategies based on where the S&P 500 falls within these ranges.
view more
Source: KraneShares
AllianceBernstein Launches AB International Low Volatility Equity ETF
July 15, 2024--ILOW is AB's fifteenth actively managed ETF
AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management firm, announced today the launch of AB International Low Volatility Equity ETF (ILOW) as an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Global trading firm Jane Street is the Lead Market Maker for the fund.
"With the launch of our 15th ETF, we look forward to continuing our commitment to creating model-friendly products that, we believe, fit client needs in periods of growth and volatility," said AB's Global Head of ETFs and Portfolio Solutions Noel Archard. "ILOW will allow investors to tap into additional investment opportunities with exposures beyond the U.S."
view more
Source: AllianceBernstein
BlackRock's private market ETF ambitions draw scepticism
July 5, 2024--Preqin acquisition gives access to data but does not solve problems such as illiquidity of assets, say industry observers
Industry figures have expressed scepticism over plans by BlackRock to extend the scope of the fast-growing exchange traded fund industry into the world of illiquid private assets.
BlackRock, the world's largest asset manager with $10.5tn of assets under management, unveiled the £2.55bn acquisition of Preqin, a UK-based private markets data group, earlier this month.
view more
Source: ft.com
RBC iShares Launches First of its Kind ETFs for Canadians Investing in U.S. Equity Markets
July 11, 2024-Today, RBC iShares expands its exchange traded fund ("ETF") lineup with the launch of the industry's only S&P 500 3% Capped Index ETFs, furthering choice and access for Canadians seeking to diversify their investments in U.S. equity markets.
iShares S&P 500 3% Capped Index ETF and iShares S&P 500 3% Capped Index ETF (CAD-Hedged) seek to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P 500 3% Capped Index and the S&P 500 3% Capped CAD Hedged Index respectively, net of expenses.
The new ETFs offer diversification across different companies and sectors by capping securities in the index at 3% weight, potentially reducing concentration risk.
view more
Source: BlackRock Asset Management Canada Limited
SS&C ALPS Advisors Launches Diversified Natural Resources ETF
July 11, 2024--SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has partnered with CoreCommodity Management to launch the ALPS | CoreCommodity Natural Resources ETF (Nasdaq: CCNR) (the "Fund").
"This commodity-oriented equity ETF offers a strategic gateway to global economic shifts and natural resource dynamics, providing investors with a potential hedge against inflation and participation in equity returns," said Laton Spahr*, Portfolio Manager and President of SS&C ALPS Advisors. "CCNR offers access to natural resources equities and is actively managed in an ETF wrapper to capture commodity growth opportunities."
view more
Source: SS&C /ALPS Advisors
SS&C ALPS Advisors Launches Diversified Natural Resources ETF
July 11, 2024--SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has partnered with CoreCommodity Management to launch the ALPS | CoreCommodity Natural Resources ETF (Nasdaq: CCNR) (the "Fund").
"This commodity-oriented equity ETF offers a strategic gateway to global economic shifts and natural resource dynamics, providing investors with a potential hedge against inflation and participation in equity returns," said Laton Spahr*, Portfolio Manager and President of SS&C ALPS Advisors.
"CCNR offers access to natural resources equities and is actively managed in an ETF wrapper to capture commodity growth opportunities."
The Fund employs a "pure play" approach to gaining exposure to natural resources by investing in a portfolio of equity securities of upstream commodity producing companies.
view more
Source: SS&C / ALPS Advisors
YieldMax Launches Short COIN Option Income Strategy ETF (FIAT)
July 10, 2024--YieldMax announced the launch today of the following ETF:
YieldMax Short COIN Option Income Strategy ETF (NYSE Arca: FIAT)
FIAT Overview
FIAT is an actively managed ETF that seeks to generate current income from a synthetic covered put strategy on Coinbase Global, Inc. ("COIN"), while providing indirect short (inverse) exposure to the share price of COIN
FIAT's potential for gains from decreases in the share price of COIN is limited, while its potential for losses resulting from increases in the share price of COIN is up to 100%. FIAT does not invest directly in COIN and does not directly short COIN. Investors seeking direct exposure to the price of COIN should consider an investment other than this Fund.
view more
Source: YieldMax
Harbor Capital Advisors Expands Growing ETF Lineup with the Harbor AlphaEdge Small Cap Earners ETF
July 10, 2024--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager that curates a suite of actively-managed ETFs, mutual funds, and collective investment trusts, has added the Harbor AlphaEdge Small Cap Earners ETF (Ticker: EBIT) to its growing lineup of ETF offerings, managed by Harbor Capital Advisors, Inc.
Why EBIT?
Harbor developed EBIT for advisors looking for small cap products that seek a distinctive approach in the pursuit of alpha potential. With EBIT, unprofitable companies are eliminated from the investment universe at the outset, with the goal of allowing for a narrowed focus on the most profitable1 small cap companies.
view more
Source: Harbor Capital
REX Shares and Tuttle Capital Management Launch 2X Leveraged and Inverse Spot Bitcoin ETPs
July 10, 2024--With a resurgence in Bitcoin this year, T-REX ETFs to help investors capitalize on volatility in the cryptocurrency market
REX Shares ("REX") in collaboration with Tuttle Capital Management ("TCM"), today adds two new products to their T-REX ETF suite: the T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (CBOE: BTCZ).
Providing 200% and -200% exposure to Bitcoin's daily performance using the "Reference Assets", these T-REX ETFs offer sophisticated investors 2X leveraged and inverse exposure to the spot price of Bitcoin.
view more
Source: REX Shares