Beast from the East, Actively Managed from the West

USA Davis Advisors lists actively managed international ETF Tuscon-based and employee-owned Davis Advisors is listing an actively managed international ETF. The Davis Select International ETF (DINT) will use the “Davis Investment Discipline” to pick stocks issued by foreign companies, including companies in emerging markets. From what I can gather, the “Davis Investment Discipline” is essentially a type of value investing. …

A Russian Ruse

  Tracking the price of oil with equity ETF Series Solutions, a US Bancorp-backed trust, and TriLine Index Solutions, a financial adviser associated with former hedge fund BP Capital, are listing a new ETF that uses equity to track the oil price: the NYSE Pickens Oil Response ETF (BOON).   BOON – which bears the name of BP Capital’s founder, …

Shipping ETF

US   This is a new one on me, this ETF is designed to measure the charter rate for shipping dry bulk freight in a specific size category of cargo ship – Capesize, Panamax or Supramax. The wikipedia article for explaining these sizes is available here: The Breakwave advisors has launched this via ETF Managers Commodity Trust, the DRY BULK Shipping …

Bring on the Robots

US iShares lists active ETFs made by robots iShares is listing a new suite of actively managed sector ETFs that bring in help from machine learning in determining what companies fit into which sectors. The iShares “Evolved” suite will put companies in seven sectors and deliberately sidestep the major classification system used by index providers. iShares Evolved U.S. Healthcare Staples …

Robotics Wednesdays

USA First Trust enters the robot race First Trust is listing a robotics and AI ETF, adding another product to this increasingly popular space. The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) will track an index built by Nasdaq and the Consumer Technology Association. The index  puts AI and robotics companies into three groups:  (1) engagers: companies that help …

Reinhart ETF

USA New fixed income ETMF from Reinhart Partners Reinhart Partners is listing a new fixed income ETMF using the Eaton Vance patented NextShares framework. The Reinhart Intermediate Bond NextShares (RPBIC) will attempt to outperform the Barclays Capital Intermediate Government/Credit Index. It will invest primarily in investment grade bonds, mostly with intermediate maturity dates of 3 to 10 years. The fund can invest …

Gender Equality

London Lyxor puts gender equality in pounds Lyxor is bringing its gender equality ETF over to the London Stock Exchange, where it will be available in pounds sterling. The Lyxor Global Gender Equality (DR) UCITS ETF (HERS) tracks the Solactive Equileap Global Gender Equality Net Total Return Index, an equally weighted benchmark of 150 companies from around the world that …

Ultumus, the UK’s top ETF data provider, is expanding

UK data provider Ultumus is scaling up its corporate headquarters and growing out its staff numbers in order to meet the unprecedented market demand for quality ETF data.  The company has acquired new headquarters at Playhouse Yard, within yards of Blackfriars station, to aid its growth needs and planned expansion in forthcoming years.  “We started out with just five people …

Lightly Leveraged

“Lightly leveraged” at 1.25X Leveraged ETF specialist Direxion Investments is listing four new “lightly leveraged” ETFs in New York under a new sub-brand called “Portfolio+”. The Portfolio+ line will provide 125% of the daily performance of their benchmarks. The new ETFs are: Portfolio+ Developed Markets ETF    PPDM Portfolio+ S&P® Mid Cap ETF           PPMC Portfolio+ Total Bond …

NEO is the one

Canada AGF taps the zeitgeist with infrastructure and ESG listings Toronto-based AGF Investments is listing two new actively managed ETFs that have their finger on the zeitgeist. They are: AGFiQ Enhanced Global ESG Factors ETF (QEF) AGFiQ Enhanced Global Infrastructure ETF (QIF) QEF will use a model to evaluate and rank global companies based on ESG factors. The model will …