Kiwi ETFs

Smartshares, New Zealand’s only ETF provider, is widening out the Kiwi ETF market with eight new listings set to go live in early June. Smartshares, which is owned by NZX, the New Zealand Exchange, will for the first time offer retail investors access to artificial intelligence and robotics, innovative healthcare, ESG, as well as popular market weighted indexes, through NZ …

Rise of the Robots

USA Another robotics and automation ETF The Bruce Bond-backed Innovator ETFs is listing a “frontier” tech ETF that targets new technologies. The Innovator Loup Frontier Tech ETF (LOUP) will invest in companies “that have the potential to have an outsized influence on the future,” the prospectus says. In particular, LOUP will look for companies involved in any of the following …

Jim Rogers lists an ETF

USA Jim Rogers lists a country strategy ETF of ETFs, helped by AI Defying his own warnings of a pending bear market, finance legend Jim Rogers is listing a country strategy ETF of ETFs that uses AI to time the market. The Global Macro ETF (BIKR) will invest in plain vanilla single-country ETFs that track the major indexes of rich …

Blockchain in Name Only

Canada Horizons lists blockchain tracker Mirae-owned Horizons ETF is adding to North America’s list of blockchain ETFs, listing a fund that buys companies that use blockchain as well as those that provide cryptocurrency mining hardware. The Horizons Blockchain Technology & Hardware Index ETF (BKCH) will track the Solactive Blockchain Technology & Hardware Index. The index uses a tiered methodology that …

Eastern Europe Exposure

Germany Bulgarian issuer brings in East Europe German investors wanting access to East European indexes now have it slightly easier thanks to a raft of cross-listings from Expat Asset Management, a Bulgarian ETF issuer. (The first and only Bulgarian issuer we have encountered). The products being cross-listed offer direct access to indexes like PX, the major Czech index, BET-BK, the …

Sensitive ETFs

USA PowerShares powers up with interest rate sensitive ETF Invesco PowerShares has listed a new interest rate sensitive ETF that tracks S&P 500 companies based on how sensitive they are to rate hikes. The PowerShares S&P 500 Rising Rates Portfolio (RISR) will track the S&P like any other fund but will bring in a different weighting scheme.   RISR will weight …

It’s Good to be King

USA CBOE joins the ETF game CBOE Vest, owned by the same parent company that owns ETF.com and the BATS exchange, is branching out into ETFs and offering one of its mutual funds as an ETF. The CBOE Vest S&P 500 Dividend Aristocrats Target Income Index ETF (KNG) will track an index produced by CBOE that tries to give 3% …

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, …