Starlight Capital targets real assets with debut ETFs in Canada

Oct 3rd, 2018 | By | Category: Alternatives / Multi-Asset

Starlight Capital has become Canada’s newest ETF provider with the launch of two actively managed ETFs on Aequitas NEO Exchange.

Starlight Capital ETFs NEO Exchange

Starlight Capital opened the market at NEO Exchange to celebrate the launch of their first ETF listings.

The Starlight Global Real Estate Fund (SCGR CN) and Starlight Global Infrastructure Fund (SCGI CN) offer investors real asset exposure through concentrated portfolios of high-quality listed securities globally.

SCGR invests primarily in listed real estate investment trusts (REITs) and equity securities of corporations participating in the residential and commercial real estate sector. It seeks to outperform the FTSE/EPRA NAREIT Developed C$ Index.

SCGI invests in a globally diversified portfolio of listed global infrastructure companies. Its benchmark is the S&P Global Infrastructure Total Return C$ Index.

Each ETF comes with a management expense ratio of 0.90%.

Real assets, such as real estate and infrastructure, have traditionally provided unique portfolio diversification opportunities through their historically low correlations with global stocks and bonds. They also tend to offer a reliable source of cash flow while also containing and inflation protection characteristics.

“We are excited to provide Canadian investors with direct access to Starlight’s real estate and infrastructure expertise through the launch of our first ETFs,” said Dennis Mitchell, CEO & CIO, Starlight Capital. “These real asset sectors have traditionally been under represented in Canadian investors’ portfolios.”

The firm becomes the tenth ETF provider to list on NEO, bringing the total number of ETFs on the exchange to 65.

Tags: , , , , , , , ,

Comments are closed.