Newsmaker: In a more crowded ETF field, Rohit Mehta says there’s still room for innovation
The fund invests exclusively in dividend-paying preferred shares
New launches include emerging markets, ESG and private markets, while Invesco is closing multiple funds
New products include target-date RESP funds, covered calls and high-interest savings
Evolve launched two index ETFs with covered calls and plans to close its Enhanced FANGMA Index ETF
Purpose is first in Canada with single-stock ETFs, while CIBC launched new Canadian depositary receipts
Panellists discussed the funds during the ETFGI summit
Recent launches include Canadian segregated versions of two Wellington funds and a multi-strategy alternative fund
Launches include a long/short equity alt ETF and an innovation fund
ETFs built on high-interest savings accounts make sense to investors who need a place to park cash until they’re ready to invest again