Ticker of the year

USA Cambria joins crazed rush to marijuana ETFs It’s the new bitcoin.  Cambria is becoming the latest ETF provider to crack out the bong, listing an actively managed marijuana and hemp tracker. The Cambria Marijuana Industry ETF (TOKE), which will begin trading on US exchanges in two weeks, is set to become the third weed ETF listed in three months. …

Marijuana Bubbles

USA Another Marijuana ETF Innovation Shares is listing a new marijuana ETF, in what is becoming one of the most popular thematic niches in 2019. The Cannabis ETF (THCX) will invest in an index of cannabis companies, which are defined as those making 50% of their revenue from marijuana and hemp. The fund holds 35 stocks at the time of …

Australia Gov Bond

BetaShares’ product factory has rolled out another new item, with the company listing a government bond ETF.

The Betashares Australian Government Bond ETF (AGVT) will track a Solactive index of long duration government bonds.

4th July Flex ETFs

USA Northern Trust likes quality Northern Trust-owned FlexShares is listing three new smart beta ETFs, adding more quality factor funds to its line-up. FlexShares US Quality Low Volatility Index Fund (QLV) – 0.22% FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) – 0.32% FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) – 0.40% All three funds are much the same. …

LGIM glugs on Thematics

London LGIM digs heals in on thematics LGIM is widening outs its thematic ETF offering, listing three new funds targeting water, medical technology and artificial intelligence. The L&G Artificial Intelligence UCITS ETF (AIAI) The L&G Healthcare Breakthrough UCITS ETF (DOCT) The L&G Clean Water UCITS ETF (GLUG) AIAI and DOCT will track Robo Global indexes that are, in effect, actively …