This week has seen a wide variety of ETFs launched, presumably before the lull of August impacts all new activities.
ESG continues to be a key theme for ETF launches, even when it is an added screen, as in the case of HANetf’s latest product, an enterprise software ETF with Purpose Investments. Newly acquired Rize ETF has launched LIFE, an environmental impact ETF this week, while other leading impact investors, Impact Shares, has launched a US affordable housing ETF. This is an ETF that invests in agency mortgage-backed securities (MBS) backed by pools of mortgage loans made to minority families, low- and moderate-income (LMI) families, and/or families that live in persistent poverty areas.
Yield and value are also back in the news: DriveWealth has launch a fixed income yield-focused ETF and we interviewed Mark Hillman of Hillman Capital Management, who has launched an actively managed large-cap value-driven ETF with SS&C ALPS Advisors.
More caution comes in the form of Aptus Capital Advisors’ launch of the International Drawdown-Managed Equity ETF (Cboe: IDME), an actively-managed ETF targeting non-US stocks with a focus on managing drawdown risk through hedges.
Two new BNP Paribas Easy ETFs launched invested in Chinese companies with a minimum ESG rating
Impact Shares launches US affordable housing ETF
DriveWealth launches yield-focused fixed income ETFs with YieldX
Hillman Capital Management launches ETF with SS&C ALPS Advisors
Franklin Templeton Canada lists EM active and sustainable active ETFs
HANetf and Purpose Investments launch enterprise software ETF with ESG screen
Indxx Global Digital Healthcare Index licensed by KSM Mutual Funds as thematics boom for index firm
Aptus Capital Advisors launches the International Drawdown-Managed Equity ETF
Rize ETF launches LIFE, an environmental impact ETF
Access to penny and meme stocks offered through new ETF from Direxion
