First Asset Funds are managed by First Asset Investment Management Inc., a subsidiary of First Asset Capital Corp. (FA Capital).
Both the Horizons and
First Asset funds are actively managed with fewer holdings than the iShares version.
The First Asset funds carry fees of just 0.20 % to 0.25 %, the same or lower than their competitors, and using a single fund means automatic quarterly rebalancing and fewer trading commissions.
The new
First Asset funds use what's called a barbell strategy, which involves holding equal amounts of short - term and long - term bonds, with no allocation to intermediate maturities.
«It's hard to know what the cause of the delay is,» said John Stephenson, portfolio manager at
First Asset Funds.
Each of the new First Asset Corporate Class ETFs is a separate share class («ETF Shares») of
First Asset Fund Corp. and will trade under its own TSX ticker symbol, with its own investment objectives and its own portfolio of assets as described below:
Important information about
each First Asset Fund is contained in its respective prospectus.
Not exact matches
LONDON, April 12 - Man Group, the world's largest listed hedge
fund, reported a 3 percent rise in total
assets in the
first - quarter after net inflows of $ 4.8 billion more than offset performance losses.
FDN, the
First Trust Dow Jones Internet
Fund, is fourth in flows to U.S. stock
funds from ETF investors this year, with about $ 1 billion in new
assets, behind Vanguard's S&P 500 (VOO), the iShares Edge MSCI USA Momentum Factor ETF (MTUM) and Vanguard's Total Stock Market ETF (VTI).
Despite having share prices that move with market prices, these
funds can give rise to
first - mover advantages for redeeming shareholders and create the potential for destabilizing waves of redemptions and
asset fire sales if liquidity buffers and other tools to manage liquidity risk prove insufficient.
Coinbase is not the
first to offer a cryptocurrency index
fund, which passively invests in a basket of digital
assets the same way stock market investors can buy a broad S&P 500
fund, allowing investors to get exposure to the
asset class without directly owning Bitcoin and its peers.
April 23 (Reuters)- Barrick Gold Corp reported a slightly better than expected increase in
first - quarter adjusted profit on Monday and said it was done selling
assets to cut debt and would instead use
funds from any future sales to boost growth or pay dividends.
Many see the launch of the derivatives contract as a
first step towards establishing cryptocurrencies as a legitimate
asset class, paving the way toward an exchange - traded
fund.
Citi also put a $ 4.5 billion to $ 5.2 billion valuation on another IPO contender - Commonwealth Bank of Australia's
funds manager Colonial
First State Global
Asset Management.
I know
first hand of one of the world's most celebrated wealth management companies that charges clients roughly 1 % of
assets each year, and then parks a great deal of the money into S&P 500 index
funds with expense ratios of 1 % to 1.25 % (compared to less than 0.10 % for an industry leader such as Vanguard).
First, by the end of 2014, following the large - scale
asset purchase programs, the Federal Reserve balance sheet was
funded by about $ 3.1 trillion in liabilities other than Federal Reserve notes, which were mostly in the form of reserves in excess of the amount banks were required to hold; in contrast, there were only $ 64 billion of non-Federal Reserve note liabilities in June 2007, of which only about $ 2 billion were excess reserves.
Fixed - income exchange - traded
funds set a blistering pace of
asset gathering in the
first half of 2017, easily positioning the
asset class to top 2016's record inflows.
For plans with
assets at or above $ 1 billion, consultants»
first recommendation is a custom target - date
fund.
More specifically, investors are putting their money to work in markets outside the U.S. Of the $ 97.2 billion of net new
assets raised in the
first quarter, over $ 70 billion went into equity
funds with international exposure.
But, despite BlackRock's filing, Jennifer Grancio, head of BlackRock's iShares U.S. distribution, is not anticipating «huge
assets to be raised in the active ETF space by the
first generation of active
funds.
Already, the world's
first pot
fund, the Canadian Horizons Marijuana Life Sciences Index ETF (HMMJ), has gathered $ 713 million in
assets in just over nine months of trading, though MJX's rapid
asset gathering could soon eclipse that figure.
In 1979, Franklin Money
Fund (not available to UK investors) began a growth surge that made it Franklin's first billion - dollar fund and launched the company's tremendous asset growth in the 19
Fund (not available to UK investors) began a growth surge that made it Franklin's
first billion - dollar
fund and launched the company's tremendous asset growth in the 19
fund and launched the company's tremendous
asset growth in the 1980s.
If the ETF is able to closely track the return of Total Return
Fund, it could be the
first step in a migration of
assets from traditional mutual
funds to ETFs.
In order to buy precious metals at the Hard
Assets Alliance, you must
first add
funds to your account.
Chris is the
first professional allocator I've spoken with who focuses specifically on venture capital
funds, so I had a ton of questions for him on how to build a portfolio in an
asset class known for uncertain, but often enormous, outcomes.
Invested
assets, an important indicator of the size of client
funds managed by the bank, dropped for the
first time since June as currency swings from a weaker dollar left their mark.
2017.04.06 RBC Global
Asset Management Inc. announces March sales results for RBC
Funds, PH&N
Funds and BlueBay
Funds and
first quarter sales results for RBC ETFs RBC Global
Asset Management Inc. (RBC GAM Inc.) today announced March mutual
fund net sales of $ 1.1 billion.
2015.04.08 RBC Global
Asset Management Inc. announces March sales results for RBC
funds and PH&N Funds and first quarter sales results for RBC ETFs RBC Global Asset Management Inc. today announced March mutual fund net sales of $ 1.6 billi
funds and PH&N
Funds and first quarter sales results for RBC ETFs RBC Global Asset Management Inc. today announced March mutual fund net sales of $ 1.6 billi
Funds and
first quarter sales results for RBC ETFs RBC Global
Asset Management Inc. today announced March mutual
fund net sales of $ 1.6 billion...
Interestingly, it is the
first time a big global buyout
fund has teamed up with an Australian private equity firm to buy an
asset.
Retail investors turned net redeemers from Emerging Markets Bond
Funds going into the final week of April, and Frontier Markets Bond
Funds posted their
first outflow since mid-December as fears of a more rapid pace for U.S. interest rate hikes cooled appetites for this
asset class.
One of our current goals is to be able to build our non-retirement
assets and ensure that we have enough
funds to withdraw from during the
first five years of early retirement.
Digital
First, a Denver company that owns dozens of newspapers including nine serving the greater Los Angeles area, had been thought to be interested in acquiring Freedom's
assets since December when it was revealed in court that the company had offered a loan to help
fund Freedom's operations during bankruptcy.
Recognizing the enormous investment potential created by the subprime crisis within the
asset backed and mortgage backed sectors, the Hudson Cove Credit Opportunity
Fund, Ltd was formed, one of the
first funds of its size after the crisis, to extract attractive risk - adjusted returns.
Over time, MFS has been a leading innovator in the
asset management industry, including creating one of the
first in - house research departments in the mutual
fund industry in 1932, launching the
first high - yield municipal bond
fund and the
first global balanced
fund, and more recently creating «outcome - oriented» products, such as its line of target - risk, target - date, and other
asset allocation strategies.
Looking at the headline figures,
first quarter 2018 could be considered a business - as - usual quarter for the European
fund industry, since the
assets under management (+ $ 10.5 trn) hit a...
Bond ETFs attracted more new money than any other
asset class or category of exchange traded
fund in Canada during the
first half of the year.
The
first, entitled Protecting Our Infrastructure (
Asset Management) recommends the federal government quickly execute the necessary Provincial - Federal agreements to ensure infrastructure
funding continues in a sustainable consistent manner.
In the
first complaint, the SEC charged Falcone, Harbinger and Peter Jenson, a former Managing Director and Chief Operating Officer of Harbinger, with violations of the federal securities laws in relation to the misappropriation of client
assets (through the making of a $ 113.2 million loan from a
fund managed by Harbinger to Falcone to pay his personal taxes) and the granting of undisclosed preferential redemption rights to certain investors.
A great way to start any portfolio is to
first buy a total stock market or large cap index
fund, as that will be a core component of almost any other
asset allocation you grow into.
More than four decades after Vanguard founder Jack Bogle opened the
first S&P 500 Index
fund, the firm is laying the groundwork for a China expansion made easier by the nation's opening to foreign
asset managers.
The Laguna Bay Pastoral Company has acquired historic Banongill Station in Victoria's Western District as the
first asset for its $ 280 million US pension
fund - backed agricultural
fund.
First State Super head of income and real
assets Damien Webb, a senior executive for one of the nation's largest superannuation
funds, said the superannuation industry's view of agriculture was changing and he expected much more capital to flow into agriculture investments.
Laguna Bay has acquired historic Banongill Station in Victoria's Western District as the
first asset for its $ 280 million US pension
fund - backed agricultural
fund.
First, the General Secretary of the All Peoples Congress, Razak Opoku says the Flagbearer is ready with his
funds and has also declared his
assets, but was not sure if all the parliamentary candidates will secure
funding to file their nominations.
Cuomo's hand - picked MTA chairman Joe Lhota gave a quick history lesson of the history of the authority, explaining that the city owns the
assets of MTA sub-agency New York City Transit and the state only stepped in to
fund the
first capital plan in 1981 because the city's finances were a mess and the subways were a disaster.
Andrew Stunell:
First of all, I commend Wirral borough council for setting up its own
fund for the transfer of community
assets and for making the launch of those much more feasible.
«The Senators and House of Representatives members should
first make corruption or stealing of public
funds attract death sentence, they should introduce a strict law on
asset forfeiture for persons who corruptly and criminally enrich themselves.
One step would be stress testing, engaging pension
funds and companies to examine if they hold carbon - intensive
assets on their books, said Martin Skancke, who spoke on the
first panel and is chairman of the Advisory Council of Principles for Responsible Investing, a U.N. - supported initiative that has helped formulate a widely followed voluntary protocol of responsible investment criteria.
Read more: What's Propelling
First Asset Canadian REIT Income
Fund to Decline So Much?
/ CNW / -
First Asset («
First Asset» or the «Manager») is pleased to announce the launch of five new corporate class exchange traded
funds («ETFs»), to broaden the lineup of ETFs currently available in
First Asset corporate class.