Bringing you live news and features since 2006 

Middlefield expands actively managed ETF platform


Middlefield Group is expanding its actively managed ETF platform through the conversions of Middlefield Health & Wellness Dividend Fund (HWF.UN) and American Core Sectors Dividend Fund (ACZ.UN), as approved by unitholders at special meetings held on 17 May, 2019. 

The firm says that these additions to its ETF platform provide value-added solutions to investors and financial advisors looking for unique, actively managed strategies which investors would have difficulty replicating with passive investment products.

Commencing today, Middlefield Health & Wellness ETF (new TSX ticker symbol: HWF) and Middlefield American Core Dividend ETF (new TSX ticker symbol: ACZ) begin trading as ETFs. The conversions to ETFs were not taxable events for unitholders and units of the funds were converted to units of the applicable ETF on a 1:1 basis, with all costs associated with the conversions being borne by the Manager.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
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