New ETF from First Asset Management

Toronto-based First Asset Management Inc. has launched First Asset U.S. TrendLeaders Index ETF. This ETF is designed to follow the performance of the CIBC U.S. TrendLeaders index. That index consists of a portfolio of U.S. equities selected by a proprietary rules-based model created by Toronto-based CIBC World Markets Inc. To qualify for inclusion in the index, the equities must be listed in the Solactive U.S. large- and mid- cap index and meet a minimum average daily traded dollar-value volume threshold. Visit www.firstasset.com for full details.

(fcollie@investmentexecutive.com).