The sensationalist press, us included, can’t help but write about this subject – filling it with heavy puns, as we go. However, the increasing legalisation of marijuana, either as a medical drug or for recreational use, is creating a decent sized market for investors who want to be ahead of the trend.
ETFs are uniquely well designed for a niche industry and this week sees us interviewing Jay Rhame of Reaves Asset Management, a firm that is proud of its four decades of focus on the US utilities sector.
ETF interviews and news stories in the past week reveal that ETFs are creeping out of their passive domain and reassembling themselves as very active creatures indeed. The two interviewees in this week's etfexpress newsletter employ active strategies and in the case of Rex Shares, adds in three times leverage to boost up performance.
Our daily etfexpress newsletter is changing to a weekly format and, from 3 May, 2019, will be published and distributed via email to all registered readers on Friday mornings. You will be able to register to read the week's newsletter on the site during the week as well.