Toronto-based WisdomTree Asset Management Canada Inc. has launched a new, bond-focused ETF. ONE North American Core Plus Bond ETF is designed to provide investors with a stable rate of return – primarily through income and, to a lesser extent, capital appreciation – using a portfolio of investment-grade, North American fixed-income securities issued by corporations. The ETF uses an actively managed investment strategy based on proprietary, fundamental credit research and analysis. California-based One Capital Management LLC will act as the ETF’s advisor. The ETF has a management fee of 0.55%. WisdomTree is the Canadian arm of New York-based WisdomTree Investments Inc., an ETF sponsor and asset-management firm with US$58.6 billion in AUM globally.
(fcollie@investmentexecutive.com).