The fund-of-funds investment strategy has become quite popular among investors and exchange traded fund managers have been quick to get off the block in order to capitalize on the growing trend. Invesco PowerShares, a leading global provider of ETFs, recently launched the PowerShares DWA Tactical Multi-Asset Income Portfolio (DWIN) that takes the F-o-F (or rather the ETF of ETFs) investment …
New ETFs On The Block: Elkhorn FTSE RAFI US Equity Income ETF (ELKU)
Elkhorn Capital Group, the exchange-traded fund issuer founded by former PowerShares’ veteran Ben Fulton, launched its second fund recently with an eye on high-dividend paying US companies. The newly launched Elkhorn FTSE RAFI US Equity Income ETF (ELKU) employs an investment strategy created by Research Affiliates, one of the pioneers of the so-called smart-beta investing. ELKU tracks the FTSE RAFI …
New ETFs On The Block: Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT)
Following WisdomTree’s “go anywhere” fund UBND’s (WisdomTree Western Asset Unconstrained Bond ETF) launch in June, Hartford, Conn-based Virtus Investment Partners entered the exchange-traded fund industry by debuting a similar product recently. The newly launched Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT) has been launched in partnership with their party manager Newfleet Asset Management, a wholly-owned affiliate of Virtus. Virtus’ actively-managed …
New ETFs On The Block: Principal EDGE Active Income ETF (YLD)
Principal Financial Group, the financial behemoth with $500 billion in assets under management and better known for its range of 401(k) retirement plans, insurance products and mutual funds, recently forayed into the exchange traded funds segment. The newly launched Principal EDGE Active Income ETF (YLD) is sub-advised by Principal’s EDGE Asset Management unit and seeks to provide current income by …
New ETFs On The Block: ALPS Enhanced Put Write Strategy ETF (PUTX)
Investment managers often resort to derivatives trading to enhance portfolio yields. A frequently used income generation strategy involves selling call or put strategies when the investment manager is reasonably sure about the market’s direction after analyzing the macros. However, if the timing is wrong, the premium collected from put options could prove insufficient to offset the losses suffered due to …
New ETFs On The Block: First Trust Strategic Income ETF (FDIV)
First Trust portfolios, the Il-based sixth-largest issuer of exchange-traded funds, launched a new actively-managed product that aims to generate risk-adjusted returns through positions in various asset classes. The newly launched First Trust Strategic Income ETF (FDIV) is sub-advised by six portfolio managers including Stonebridge, Richard Bernstein, Energy Income Partners and First Trust Global Portfolios. FDIV is a “multi-strategy” fund that …