This week’s new ETF launches includes a suite of five funds from CI Financial’s US affiliate Cabana Asset Management on the NYSE, which are based on the firm’s existing Target Drawdown Professional Series of separately managed accounts (SMAs) and aim to maintain and grow wealth over the long term with drawdown percentages ranging from 5-16 per cent. Elsewhere, RBC iShares added two new funds to its fixed-income line-up, HSBC debuted a sustainable investments fund on Xetra, and Invesco launched the first euro-denominated hybrids bond ETF.
RBC iShares expands line-up of fixed income ETFs
HSBC GAM launches new sustainable investments ETFs on Xetra
CI Financial affiliate Cabana Asset Management launches USD1bn suite of Target Drawdown ETFs
