Bringing you live news and features since 2006 

Dynamic Funds and BlackRock launch new ETF for rising interest rate environment


Dynamic Funds and BlackRock Asset Management Canada Limited have launched the Dynamic iShares Active Investment Grade Floating Rate ETF (DXV) on the Toronto Stock Exchange.

DXV aims to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds and through using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations. The ETF will provide exposure to an active investment strategy managed by Marc-André Gaudreau. 
“Investors looking to diversify their fixed income holdings in a climate of rising Canadian interest rates will find DXV a compelling and relevant solution,” says Mark Brisley, Managing Director, Dynamic Funds.  “Portfolio Manager Marc-André Gaudreau has a long history of using this investment approach so we are excited to offer this mandate in the ETF format.”
“We’re seeing significant uptake in actively managed ETFs, particularly for fixed income,” says Pat Chiefalo, Head of iShares Canada at BlackRock. “We’re excited to expand our successful partnership with Dynamic Funds to launch an innovative and timely solution for Canadian investors.” 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by