Just two ETF launches to report on this week, a new offering from Strategy Shares providing momentum-based exposure to global equity regions, plus a new corporate bonds ETF from Tabula on Xetra…
Launches & Fundraising
Strategy Shares has launched the Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) which seeks to provide momentum-based exposure to global equity regions, including US, foreign developed and emerging markets, while simultaneously avoiding significant and prolonged drawdowns.
Tabula ICAV has launched a new ETF, the Tabula European iTraxx IG Bond UCITS ETF (EUR), on Xetra and Börse Frankfurt.
ETF launches continued apace over the Festive break with new offerings form several different ETF sponsor and providers. Both Franklin Templeton and JP Morgan debuted new active ETFs, while SP Funds launched its first two Shariah-compliant funds. Elsewhere, Leuthold group launched a new ETF designed to expand access to its flagship investment strategy, and Tabula debuted a cash bond fund with a European CDS benchmark…
European fixed income ETF provider Tabula Investment Management Limited (Tabula) has launched the Tabula iTraxx Europe IG Bond UCITS ETF, offering passive exposure to the new iBoxx iTraxx Europe Bond Index, which Tabula has developed in partnership with IHS Markit.
The Leuthold Group has launched the Leuthold Core ETF, an exchange-traded fund that was designed as a core holding for investors seeking steady growth along with the liquidity and convenience of an ETF.
Pacific Global ETFs, one of Pacific Life’s family of funds, has added a floating-rate loan exchanged-traded fund (ETF) to its lineup.
European ETF white label firm HANetf and Canadian asset manager Purpose Investments have launched the first European UCITs ETF investing in medical cannabis, the Medical Cannabis and Wellness UCITS ETF (CBSX).
ALPS Advisors, an asset manager and wholly owned subsidiary of SS&C Technologies, has announced a strategic move for the new Exchange Traded Fund called the ALPS REIT Dividend Dogs ETF [RDOG] that applies the "Dogs of the Dow Theory" to its rules-based investment strategy.
SP Funds, a boutique asset management firm specialising in socially responsible and halal investing, has launched the first family of Sharia-compliant equity and fixed income ETFs.