IndexIQ, the New York based asset manager that launched the world’s first liquid alternative exchange traded fund that replicated hedge fund strategies, recently unveiled another unique investment methodology to expand their offerings in the alternatives/multi-assets category. The newly launched IQ Leaders GTAA Tracker ETF (QGTA) aims to match the performance of leading global allocation mutual funds. QGTA tracks a proprietary …
New ETFs On The Block: Compass EMP International 500 Volatility Weighted Index ETF (CIL)
Compass Efficient Model Portfolios (Compass EMP), which was recently acquired by Victory Capital, launched two volatility-weighted funds that widened the firm’s lineup of so called smart-beta products and brought its total number of offering to ten. The Compass EMP International 500 Volatility Weighted Index ETF (CIL) and the Compass EMP International High Dividend 100 Volatility Weighted Index ETF (CID) seeks …
New ETFs On The Block: Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT)
Following WisdomTree’s “go anywhere” fund UBND’s (WisdomTree Western Asset Unconstrained Bond ETF) launch in June, Hartford, Conn-based Virtus Investment Partners entered the exchange-traded fund industry by debuting a similar product recently. The newly launched Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT) has been launched in partnership with their party manager Newfleet Asset Management, a wholly-owned affiliate of Virtus. Virtus’ actively-managed …
New ETFs On The Block: WisdomTree International Hedged Equity ETF (HDWM)
The theme of hedging currency risk within the same wrapper of an international equity portfolio has gained popularity in the US, particularly after the greenback’s continued strength amid diverging monetary policies across the Atlantic. WisdomTree, the fifth-largest US issuer of exchange traded funds, has been fairly successful in gauging investors’ preference as evidenced from their wildly successful WisdomTree Japan Hedged …
New ETFs On The Block: RevenueShares Global Growth Fund ETF (RGRO)
RevenueShares, the pioneers of revenue-weighted exchange-traded funds, recently expanded its lineup of unique funds with the launch of the RevenueShares Global Growth Fund (RGRO). The firm’s six existing funds follow the so-called revenue-weighted model with different tweaks. For example, the RevenueShares Large Cap Fund (RWL) takes the S&P 500 Index and re-weights the constituents by their respective revenues. So instead …
New ETFs On The Block: iShares MSCI International Developed Momentum/Quality Factor ETF (IMTM, IQLT)
iShares, the San Francisco-based exchange-traded fund issuing arm of BlackRock, recently launched two international factor-based ETFs to expand its lineup of the so-called smart-beta funds. Many analysts, however, believe that latest launches were an attempt by the world’s biggest ETF issuer to match the wide-range of multi-factor fund offerings by rival provider State Street Global Advisors. To be sure, the …