New ETFs from First Asset

Toronto-based First Asset Investment Management Inc.’s product shelf is a little bit broader now with the recent launch of three new ETFs. First Asset U.S. Equity Multi-Factor Index ETF consists of a portfolio of high-quality U.S. equities with low sensitivity to market fluctuations, as well as low price/earnings and price/book characteristics. First Asset Canadian Dividend Low Volatility Index ETF is composed of Toronto Stock Exchange-listed equities that exhibit low sensitivity to market fluctuations and have a high dividend yield. First Asset U.S. Tactical Sector Allocation Index ETF is composed of other ETFs that are selected using a methodology meant to provide up to 100% exposure to nine U.S. equities sectors at times when their momentum is positive and which are rebalanced in up to 100% short- and mid-term fixed-income allocations when those equities sectors lose momentum. All three ETFs are based on an index crafted using a rules-based methodology designed by Toronto-based CIBC Capital Markets Inc. For more information about the ETFs, visit www.firstasset.com.

(fcollie@investmentexecutive.com).