Toronto-based Jovian Capital Corporation and its subsidiaries AlphaPro Management and BetaPro Management have announced the launch of its new family of Horizons AlphaPro ETFs.
Toronto-based Jovian Capital Corporation and its subsidiaries AlphaPro Management and BetaPro Management have announced the launch of its new family of Horizons AlphaPro ETFs.
The Horizons AlphaPro Managed S&P/TSX 60 ETF is the first AlphaPro ETF to be launched.
Designed for long-term growth, HAX seeks to invest primarily in large capitalization equity, income trust and equity related securities that are constituents of the S&P/TSX 60 Index.
To manage the HAX portfolio, JovInvestment will use proprietary cycle, sentiment, and technical research analysis on the S&P/TSX 60 Index provided by Ron Meisels, president of Phases & Cycles, a provider of independent investment research.
Meisels has been an active analyst since 1971 and is the editor for all Phases & Cycles publications, including its TOP 60portfolio report, researching the best candidates amongst the S&P/TSX 60 Index.
“Horizons AlphaPro ETFs introduces the next evolution in investing, providing investors with a new approach to active management that includes all the benefits of an ETF: intra-day liquidity, tax efficiency and at a lower cost than traditional mutual funds,” says Howard Atkinson, president of AlphaPro and BetaPro. “We are pleased to be utilizing the proven research methodology of Ron Meisels, president of Phases & Cycles, in HAX, the first active ETF in our AlphaPro ETFs family.”
