AGF launches two new US-listed AGFiQ ETFs
AGF Management Limited (AGF), through AGF Investments (formerly FFCM), has launched the AGFiQ Global Infrastructure ETF (GLIF) and AGFiQ Dynamic Hedged US Equity ETF (USHG) on the NYSE Arca.
These two new US-listed ETFs provide AGF with the opportunity to bring additional strategies through its quantitative and factor-based investment platform – AGFiQ – to the US Marketplace
“The launch of these new products reinforces AGF’s commitment to bringing new alternative solutions to investors in the US,” says Bill Carey, Chief Executive Officer, AGF Investments LLC. “At the same time, it supports the further growth of AGF’s footprint in the US, leveraging the organisational strength, research acumen, investment capabilities and marketing and product development.”
The new ETFs were developed to bring opportunities for diversification through alternative asset classes and also risk-managed solutions through the use of alternative investment strategies.
The AGFiQ Global Infrastructure ETF uses a multi-factor investment process to seek long-term capital appreciation by investing primarily in global equity securities in the infrastructure industry.
“As an active, multifactor ETF, AGFiQ Global Infrastructure or GLIF provides potential diversification and risk reduction benefits for investors, said Florence Narine, Senior Vice-President, Head of Product, AGF Investments Inc. “Listed infrastructure securities typically offer higher dividend yields than equities or bonds and can be used as a hedge against inflation or to mitigate rising rates.”
The AGFiQ Dynamic Hedged US Equity ETF provides exposure to a diversified portfolio of US equities, while seeking to provide long-term capital appreciation with lower volatility using embedded downside risk management which seeks to protect capital.
“As a risk-managed holding, AGFiQ Dynamic Hedged US Equity ETF or USHG offers exposure to the long-term growth potential of US equities using a multi-factor approach designed in an effort to have lower volatility and better risk-adjusted returns relative to the market through its use of a dynamic hedging model,” says Narine.