Launches & Fundraising

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Global ETF launches 29.10-05.11.20

Global ETF launches 29.10-05.11.20

If timing is the key to success then Reflection AM could be on to a winner, at least with the blue ‘half’ of the USA with the launch of its new Democratic Values ETF on election day. Elsewhere, Xtrackers launched a new Japanese equities fund on Xetra, Scotia Global debuted a suite of index tracker funds, and Global X added infrastructure and cleantech funds to Thematic Growth suite.

FUND LAUNCH

Defiance ETFs launches into SPACs space with SPAK

Defiance ETFs launches into SPACs space with SPAK

That most fashionable, but potentially volatile, of sectors, Special Purpose Acquisition Companies (SPACs) has seen enormous growth so far this year, with 133 SPACs, which are also known as blank cheque companies, floated in the US, raising USD51.1 billion, nearly four times last year’s volume, and a further 67 waiting to launch, according to Spac Research. Some 80 SPACs raised more than USD32 billion in Q3 2020.

FUND LAUNCH

Rareview ETF launch focuses on closed end fund solution to yield needs

Rareview ETF launch focuses on closed end fund solution to yield needs

US-based registered investment adviser and ETF issuer, Rareview Capital LLC, is targeting the yield needs of investors with the launch of two ETFs designed to generate a high monthly income.  The Rareview Dynamic Fixed Income ETF (RDFI) and the Rareview Tax Advantaged Income ETF (RTAI) seek to combine the traditional benefits of fixed income with the non-traditional advantages of closed-end funds.

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Global ETF launches 22-29.10.20

Global ETF launches 22-29.10.20

In another quiet week for new ETF launches, Tabula has debuted a new thematic fund which it says is the first ETF to provide exposure to both realised and expected inflation in a single index. Elsewhere, Amundi launched a new fund offering access to Japanese equities with a focus on ESG, while a brace of new ETFs from SSGA provide investors with access to corporate bonds and currency-hedged global shares.