While the US Federal Reserve is expected to remain patient while inflation remains benign, many investors believe the central bank is likely to start raising interest rates later this year. When the Federal Open Market Committee meets in mid-June, most investors would search for hints of an imminent rate hike in America in nearly a decade. In anticipation, many market …
New ETFs On The Block: Cambria Global Asset Allocation ETF (GAA)
Cambria Investment Management, the CA-based exchange-traded fund issuer better known for its alternative investment strategies (or Alts), did an encore recently by taking the “low-fee” concept a step further: it launched a zero-fee fund. Cambria’s latest product – Cambria Global Asset Allocation ETF (GAA), charges 0.00 percent in management fees. Rather, it charges a modest 0.29 percent for meeting annual …
New ETFs On The Block: Kraneshares E Fund China Commercial Paper ETF (KCNY)
KraneShares, the New York-based exchange-traded fund issuing-arm of China-focused boutique asset management company Krane Fund Advisors, recently unveiled one of the more innovative products launched in the last couple of years, and is likely to find favor with yield hungry investors in the fixed-income space. The newly launched KraneShares E Fund China Commercial Paper ETF (KCNY) seeks exposure in a …
New ETFs On The Block: Flexshares Credit-Scored US Corporate Bond Index Fund (SKOR)
FlexShares, the tenth-largest US exchange-traded fund issuer better known for its suite of “smart-beta” and self-indexed funds, recently launched a US-focused fixed-income fund that puts the spotlight on the middle-maturity offerings. Northern Trust’s ETF-unit unveiled the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR), an intermediate-dated bond-fund that focuses on investment-grade corporate bonds with maturities ranging from two to 10 …
New ETFs On The Block: Vident Core US Bond Strategy ETF (VBND)
Vident Financial, the Atlanta, Georgia-based issuer behind the two fairly successful equity products, recently launched its first bond focused exchange-traded fund. The Vident Core US Bond Strategy ETF (VBND) aims to protect investors’ capital through a transparent and systematic investment methodology. The passively-managed VBND tracks the performance of the Vident Core US Strategy Index, a rules-based fixed-income index that seeks …
New ETFs On The Block: Arrow DWA Tactical ETF (DWAT)
Arrow Investment Advisors, the Maryland-based advisor to Arrow Funds known for its offerings of open-ended tactical and alternative mutual funds, expanded its exchange-traded funds lineup with the launch of the Arrow DWA Tactical ETF (DWAT). The go-anywhere actively managed fund seeks long-term capital appreciation while preserving capital and aims to achieve its investment objective based on the proprietary Dorsey Wright …