First Trust High Yield , Gov Bonds

USA First Trust goes to government for high yields First Trust is listing two new funds on Nasdaq. The first aims to achieve dividends, The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY). The second aims to do something interesting: hunts for high yields among government bonds, the First Trust Municipal High Income ETF (FMHI).  FMHI will invest in …

Franklin Templeton goes passive

USA Franklin Templeton lists more than a score of country ETFs In a sign of the times traditionally active mutual fund manager Franklin Templeton is listing more than a dozen ETFs in New York, tracking a suite of FTSE country indexes. They are: Franklin FTSE Australia ETF               FLAU Franklin FTSE Brazil ETF                     FLBR Franklin FTSE Canada ETF                  FLCA Franklin FTSE …

Vanguard lists on Deutsche Bourse

Sage puts ESG and fixed income together Connecticut money manager Sage is listing a new ETF that puts two of the biggest ETF themes of 2017 together: fixed income and ESG. The Sage ESG Intermediate Credit ETF (GUDB) will invest in US dollar-denominated medium-term investment-grade corporate bonds. It will use data from London-based ESG researchers Sustainalytics to determine which companies are …

ETFs against gays, abortion and porn

USA Inspire lists a biblical ETF Evangelical Christian ETF issuer Inspire has listed another “biblically response” ETF in New York, the Inspire 100 ETF (BIBL). BIBL will invest in companies that “align with biblical values” through an in-house index. The index will exclude companies that promote “the LGBT lifestyle”, porn, abortion, tobacco, alcohol, gambling and do “business in terrorist-sponsoring countries,” …

ETF for Entrepreneurs

USA An ETF for Entrepreneurs New issuer EntrepreneurShares is listing an ETF that aims to replicate the successes of American entrepreneurs, the Entrepreneur 30 Fund (ENTR) ENTR will use an in-house index to gain exposure to “the 30 largest publicly-traded, market capitalized companies that meet the key entrepreneurial standards as set forth by EntrepreneurShares,” the prospectus says.  What these criteria …

Exponential ETFs lists upside down cap weighted ETF

  USA Exponential ETFs lists upside down cap weighted ETF Finance professionals tend to think market cap weighted indexes are the way to go, while academics think equal weighted indexes are the way to go.   But Exponential ETFs will side-step this debate, listing an ETF on BATS that is weighted upside down, the Reverse Cap Weighted US Large Cap ETF …

Single Company Leveraged ETPs

UK World’s first single company leveraged ETPs coming to London In a world first, new issuer Leveraged Shares is listing a vast array of ETPs that give 2x leveraged exposure to a single company – rather than an index of companies.  Leveraged ETPs have to date provided exposure only to commodities, currencies or indexes. They have never provided 2x exposure …

USAA to list five ETFs

USA United Services Automobile Association to list five ETFs USAA, the group that provides financial services to members and veterans of the US military, is listing six ETFs in New York. They are: ·      USAA Core Short-Term Bond ETF (USTB) ·      USAA Core Intermediate-Term Bond ETF (UITB) ·      USAA MSCI USA Value Momentum Blend Index ETF (ULVM) ·      USAA MSCI …

High Yields and Dividends

USA BlackRock lists high yield corporate bond ETF BlackRock has listed a new fixed income ETF in the US that gives broad exposure to US dollar denominated corporate junk bonds, the iShares Trust Broad USD High Yield Corporate Bond ETF (USHY).   It does this via the BofA Merrill Lynch US High Yield Constrained Index, which is made up mostly …

Canadian bank lists Canadian bank ETF

Canada Royal Bank of Canada lists three funds Canada’s largest company, the Royal Bank of Canada, is listing three new ETFs in Toronto. They are: ·      RBC Canadian Bank Yield Index ETF (RBNK) ·      RBC 6-10 Year Laddered Canadian Corporate Bond ETF (RMBO) ·      RBC Short Term US Corporate Bond ETF (RUSB) One of the enjoyable ironies of banks listing …