First Asset Cambridge Core Canadian Equity ETF and First Asset Cambridge Core U.S. Equity ETF began trading on the TSX on Friday
The portfolios in the two new ETFs consist of companies that typically demonstrate strong cash flows and lower share price volatility
First Asset Investment Grade Bond ETF was originally a mutual fund known as Marret Investment Grade Bond Fund prior to its conversion into an ETF
Signature Global Asset Management’s John Hadwen is responsible for stock selection for the fund
First Asset will continue to operate as a separate company under its own name and current management team
First Asset will operate as an independent subsidiary of CI
Deal strengthens First Asset's ability to grow and to expand its product lineup
First Asset Canadian REIT ETF was recently converted into an ETF from a closed-end fund
The conversion will result in lower fees and improved liquidity
Funds offer a choice of investing in Canada, or diversifying globally