After the mother of all market selloffs in March and the mother of all market rebounds in April, it is long overdue to survey the debris that some investors might mistake for a well-constructed portfolio. As an income investor one should really ‘beware the Ides of March’ and in this article I will review four sources of income and the risks that come with that territory.
This week’s new launches include a fund that provides investors with access to one of the few sectors to have benefited from the coronavirus pandemic, the Direxion Work From Home ETF, which is based on a Solactive index, as are Hamilton ETFs’ latest offerings covering the Australian and Canadian banking sectors. Elsewhere, Toews Corporation launched a family of Agility Shares ETFs, while Pacer ETFs added four new funds to its offering…
A suite of a dozen Franklin Templeton outcome model portfolios are now available through the Envestnet platform.
After the recent rush of new ETF launches, things have been a little quieter this week. UBS Global Asset Management debuted two new funds on Xetra and Börse Frankfurt – a sustainable investment fund and a commodity strategy that simultaneously takes a short and long position in two commodity indices. Elsewhere, Global X launched a preferred stock fund and Catholic Values ETF, while ETFMG added a biotech fund to its thematic offering.
iM Global Partner has launched a fund, Oyster US Core Plus, within the fixed income offer of its Oyster range, to take advantage of deep US corporate bond markets.
Adam Laird (pictured), formerly of Lyxor and Hargreaves Lansdown, and ex-ETF chair of The Investment Association, has launched Ards Ventures, a consolidator of actively managed fund managers.
Rathbone Unit Trust Management Ltd (Rathbones) has launched two new multi-asset funds, as part of the Rathbone Multi-Asset Portfolio Funds (RMAP) range – the Rathbone Multi-Asset Defensive Growth Portfolio Fund and Rathbone Multi-Asset Dynamic Growth Portfolio Fund.
In a bumper week for new ETF launches, Leverage Shares expanded its range of LSE-listed S&L ETPs to 40 with the addition of 28 new products based on the heavily traded US stocks. Franklin Templeton meanwhile, added a US Treasuries ETF to its range of active ETFs for US investors, while Direxion debuted three ‘buy and hold’ funds and Ossiam launched a new fund to replicate the performance of the ICE (Intercontinental Exchange) 3-5 Year Euro Government Carbon Reduction Index.
Nikola Stojanow, co-founder of AEternity Blockchain and creator of AE Ventures investment company, is to launch a Venture Capital Fund focused on opportunities in the blockchain space.
Another busy week for launches saw AllianzIM make its ETF debut with the launch a new product line based on buffered outcome products designed to match the returns of the S&P 500 Price Return Index up to a stated cap, while providing downside protection. Other interesting launches included a 28-strong range of S&L ETPs from Leverage Shoes, a Sports Betting ETF from Roundhill and a bitcoin ETP from ETC Group and HANetf.