Impact investment manager Engine No. 1 has launched its inaugural ETF, the Engine No. 1 Transform 500 ETF (VOTE US) on Cboe BZX Exchange.

BlackRock has added to its suite of ‘megatrend’ portfolios – strategies that look beyond traditional sector classifications – with the launch of the iShares Cloud and 5G Multisector ETF (IDAT US).

Morningstar has published a review of synthetic ETFs amid renewed interest from European investors, particularly those seeking exposure to mainstream US equity indices.

Morningstar has unveiled details of a new suite of equity indices designed to more accurately reflect the size and style dimensions of the US stock market. The indices are set to be adopted by iShares for nine existing US-domiciled ETFs.

JP Morgan Asset Management has added to its ‘BetaBuilders’ suite of low-cost, passively managed ETFs with the launch of the JPMorgan BetaBuilders US Small Cap Equity ETF (BBSC US).

VanEck Australia has launched a medley of new equity ETFs on the Australian Securities Exchange.

Strategic beta ETPs, on average, underperformed their respective cap-weighted benchmarks during the first five months of 2020 as the Covid-19 pandemic roiled markets. According to Morningstar’s Strategic Beta Landscape report, the lackluster showing is, in many instances, directly linked to the ETPs’ underlying factor tilts.

VanEck has introduced a new ‘Wide Moat’ strategy to Europe with the launch of the VanEck Vectors Morningstar Global Wide Moat UCITS ETF on the London Stock Exchange and Xetra. The fund provides exposure to a global portfolio of companies with sustainable competitive advantages (or wide economic moats) that are attractively priced according to index provider Morningstar’s estimate of fair value. Martijn Rozemuller, Head of Europe at VanEck, commented, “With its smart beta strategy, our new Global Wide Moat ETF offers an attractive alternative to the global equity benchmark, the MSCI World.”

By Karen Schenone, Head of US iShares Fixed Income Strategy, BlackRock.

Looking to generate income from your nest egg? Make sure you don’t get it all from just one basket.

JP Morgan Asset Management has added to its ‘BetaBuilders’ suite of low-cost, passively managed ETFs with the launch of the JPMorgan BetaBuilders US Mid Cap Equity ETF (BBMC US) on NYSE Arca. The fund is linked to the Morningstar US Mid Cap Target Market Exposure Extended Index and provides investors with liquid, cost-effective access to mid-cap equities trading in the US. It comes with an expense ratio of 0.07%.