ETFs

Jovian considering sale of ETF business

Jovian Capital has confirmed that it is in talks that may lead to the sale of its ETF business. The company was asked by Market Surveillance to comment on reports in the Korean media. “Jovian confirms that it has had discussions with several parties over the past several months, including ongoing discussions with Mirae Asset […]

By Staff |July 4, 2011

2 min read

Invesco adds new PowerShares ETF

Invesco announced today the launch of the PowerShares Fundamental High Yield Corporate Bond (CAD Hedged) Index ETF, the first fixed-income ETF in Canada to use the Research Affiliates Fundamental Index (RAFI) methodology. This new ETF has now closed the initial offering of its units and will be available for trading on the TSX today. With […]

By Staff |June 21, 2011

1 min read

Horizons launches new U.S. Equity Income Fund

Horizons Exchange Traded Funds has filed a final prospectus for the Horizons Enhanced U.S. Equity Income Fund, a closed end fund which will be managed by AlphaPro Management Inc. The fund aims to provide investors with capital appreciation and monthly distributions, based on the performance of an equal weighted portfolio of the 50 largest and […]

By Staff |June 17, 2011

1 min read

First PowerShares listed in Canada

Invesco has listed two PowerShares ETFs on TSX today, the company’s first-ever ETF launch on a Canadian exchange. “The arrival of PowerShares ETFs on TSX establishes an exciting new footprint in the Canadian marketplace, expanding the range of next-generation ETF solutions available to investors in Canada,” said Ben Fulton, Invesco PowerShares managing director of global […]

By Staff |June 15, 2011

1 min read