Amundi lists low-cost physical gold ETC on Xetra

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Amundi launches low-cost physical gold ETC

Amundi has launched a physical gold ETC on Euronext Paris, Euronext Amsterdam and Xetra. The Amundi Physical Gold ETC comes with a total expense ratio of just 0.19%, providing one of the lowest-cost means of gaining exposure to changes in the spot price of gold. Fannie Wurtz, Head of Amundi ETF, Indexing & Smart Beta, said, “In an uncertain environment, more and more investors are looking for long-term portfolio protection solutions. That’s why we’re pleased to offer investors the Amundi Physical Gold ETC, a new low-cost solution that enables them to efficiently integrate gold into their allocation.”

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Remy Briand, MSCI Head of ESG

MSCI unveils ESG ratings for equity and fixed income ETFs

MSCI has unveiled ratings for 32,000 funds and ETFs based on their exposure to long-term Environmental, Social and Governance (ESG) risks and opportunities. The MSCI ESG Fund Ratings cover ETFs from both the equity and fixed income universes and are based on the weighted average score of a fund’s underlying holdings. Remy Briand, MSCI Head of ESG, commented, “As the number of ESG funds proliferate and ESG-orientated investment options and ESG strategies are being adopted by wealth and fund managers, we strive to provide the tools and solutions to help these investors better understand ESG risks.”

BetaShares launches Australian government bond ETF

BetaShares launches Australian government bond ETF

Aussie ETF provider BetaShares has added to its stable of fixed income products with the launch of the BetaShares Australian Government Bond ETF (AGVT AU). Listed on Australian Securities Exchange, the fund provides exposure to high-quality, income-producing bonds primarily issued by Australian federal and state governments. Alex Vynokur, Chief Executive Officer, BetaShares, commented, “Australian government bonds are considered to be an important ‘safe-haven’ asset class for investors and their advisers, and we are excited to deliver another compelling, cost-effective fixed income investment solution to the market.”

Aptus launches options collar ETF on Cboe

Aptus expands risk management suite with launch of options collar ETF

Aptus Capital Advisors has expanded its range of risk management ETFs with the launch of a new actively managed equity ETF. The Aptus Collared Income Opportunity ETF (ACIO US), which has listed on Cboe BZX Exchange with an expense ratio of 0.79%, invests in US-listed large-caps with sustainable dividends while seeking downside protection through the use of option strategy overlays.

Tradeweb reports strong buying of fixed income ETFs during June

Tradeweb reports strong buying of fixed income ETFs during June

Tradeweb has reported strong net buying of fixed income ETFs on its European ETF marketplace in June, a month in which the platform experienced its third-highest total traded volume ever.

Fixed Income

Franklin Templeton launches two actively managed Canadian fixed income ETFs

Franklin Templeton active fixed income ETFs

Franklin Templeton Canada has launched two actively managed fixed income ETFs on Toronto Stock Exchange. The Franklin Liberty Core Plus Bond ETF (FLCP CN) and Franklin Liberty Short Duration Bond ETF (FLSD CN) seek to provide moderate to high income while preserving capital by investing in a range of Canadian fixed income securities, including federal and provincial government and corporate bonds, debentures and short-term notes.

Kazakhstan set for first ETF launch

Iti Funds Kazakhstan ETFs

ITI Funds is set to launch the first ETF in Kazakhstan. The ITI Funds Russia-focused USD Eurobond UCITS ETF is prepped for listing on Astana International Exchange (AIX) and is expected to commence trading later in July under the ticker RUSB. The fund, which launched on LSE in February 2018 and is also available on MOEX, provides exposure to Russian sovereign or corporate dollar-denominated Eurobonds.

Alternatives / Multi-Asset

Amun lists first Bitcoin Cash ETP on SIX Swiss

Amun Bitcoin Cash ETP

Amun, a Switzerland-based issuer of exchange-traded products linked to crypto assets, has announced the launch of the Amun Bitcoin Cash ETP (ABCH SW) on SIX Swiss Exchange. The ETP is the first globally to provide targeted exposure to changes in the value of Bitcoin Cash.

Innovator adds MSCI EAFE and EM ‘defined outcome’ ETFs

Bruce Bond, Chief Executive Officer of Innovator Capital Management

Innovator Capital Management has launched two new ETFs in the US, expanding the firm’s range of ‘defined outcome’ ETFs. “Based on advisor feedback, we are moving forward to provide Buffer ETFs with MSCI EAFE and Emerging Markets exposures,” said Bruce Bond, CEO of Innovator ETFs. “We believe the availability of defined outcome ETFs based on these broad benchmark indexes will provide the investment community with better tools to manage international equity risk”.

Commodities

Platinum’s turn to shine in 2019

Aneeka Gupta, Associate Director of Research, WisdomTree.

By Aneeka Gupta, Associate Director of Research, WisdomTree.

Palladium has staged a strong performance, rising 140% over the last three years (from 6 June 2016 to 6 June 2019), in comparison to its sister metal, platinum, whose performance has languished over the same period, rising only 35% owing primarily to the “Dieselgate” scandal sparked by Volkswagen in 2016.

Market uncertainty sends gold ETFs soaring

Dovish Fed & market uncertainty send gold ETFs soaring

Gold-linked ETFs are benefitting from a rally in the gold price of 9.4% over the past month. According to analysts, the rally is a result of dovish rhetoric from the US Federal Reserve, concerns over a slowdown in US and global economic growth, and rising geopolitical tensions.

Equities

Lyxor launches Europe’s first Emerging Markets ex-China ETF

Chanchal Samadder, Head of Equities at Lyxor ETF

Lyxor has launched Europe’s first ETF to offer emerging market ex China equity performance. The Lyxor MSCI Emerging Markets Ex China UCITS ETF provides exposure to more than 700 large- and mid-cap companies from 25 developing economies, excluding China, and is aimed at investors who wish to gain broad EM exposure while managing their allocation to China on a stand-alone basis. Chanchal Samadder, Head of Equities at Lyxor ETF, commented, “This new ETF allows investors to gain broad exposure to some of the world’s most dynamic developing countries and, at the same time, make their own independent allocations to China.”

Innovation Shares launches thematic cannabis ETF on NYSE Arca

Innovation Shares launches thematic cannabis ETF on NYSE Arca

Innovation Shares, a sponsor of thematic ETFs, has unveiled a new fund which provides passive exposure to firms involved in the cannabis industry. The Innovation Shares Cannabis ETF (THCX US) has listed on NYSE Arca and is linked to the proprietary Innovation Labs Cannabis Index. Matt Markiewicz, Managing Director, Innovation Shares, said, “With the global cannabis market estimated to reach $630 billion by 2040, up from $12bn today, there is an exciting opportunity for investors to participate in this multi-decade growth story through the tax-efficient structure of an ETF.”

Gassing up to chase the Russian bull

Gassing up to chase the Russian bull

By the ETF Research Team at Direxion.

Russian stocks surged more than any other international market in June, adding another wrinkle to what is already one of the most closely watched global relationships. This bullish surge from Russia is especially apparent in the Direxion Daily Russia Bull 3X Shares ETF (RUSL US), which tracks the MVIS Russia Index. RUSL topped its prior high early in June and has since added another 13.5% to approach levels it hasn’t seen since the start of 2018.

ETF and Index News

JP Morgan Chase unveils ETF-based robo-advisor

JP Morgan Chase unveils ETF-based robo-advisor

JP Morgan Chase has announced the launch of ‘You Invest Portfolios’, an automated digital wealth management service (or robo-advisor) for banking clients in the US comprising a range of passive portfolios constructed solely using JP Morgan ETFs.

EMEA-listed fixed income and commodity ETPs record bumper inflows in June

EMEA-listed fixed income and commodity ETPs record bumper inflows in June

EMEA-listed ETPs recorded strong inflows of $5.5 billion in June, more than double the $2.4bn gathered in May, amid robust demand for fixed income and commodity products, according to the latest EMEA ETP flows report from BlackRock.

UK wealth portfolios to accelerate ETF use, predicts BlackRock

Joe Parkin, Head of iShares UK

The proportion of UK wealth portfolios invested in index funds and ETFs will grow by 50% in the next two years, making up around 30% of total UK managed assets, according to a report from BlackRock, the issuer of iShares ETFs. Joe Parkin, Head of iShares UK, said, “There is growing recognition that many of the habits and processes that have got us to where we are today have become outdated and won’t meet the needs of clients in the future. The investment industry is beginning to stir and respond, and while change won’t happen overnight, the direction of travel is clear and irreversible.”