Nine new ETF offerings were launched for the week, each with a distinct value proposition for investors. Detailed below are the respective launches from each asset manager.
American Beacon Advisors (Ticker: AHLT) launched the American Beacon AHL Tend ETF. The actively managed ETF seeks to capitalize on price trends throughout the most liquid global markets across stocks, bonds, commodities, and currencies. The strategy will utilize quantitative models to identify and profit from market trends of more than 20 global markets.
Strive Asset Management launched the Strive FAANG 2.0 ETF (Ticker: FTWO). The ETF will target companies that are engaged in national security and natural resource security, offering exposure to fuel, aerospace & defense, agriculture, nuclear, and gold & precious metals.
YieldMax launched the YieldMax XOM Option Income Strategy ETF (Ticker: XOMO). The actively managed fund seeks to generate monthly income by selling/writing call options on Exxon Mobil Corp.
Allianz Investment Management LLC launched the AllianzIM U.S. Large Cap Buffer10 Sep ETF (Ticker: SEPT) and the AllianzIM U.S. Large Cap Buffer20 Sep ETF (Ticker: SEPW). The respective ETFs provide a downside buffer of 10 per cent or 20 per cent against market drops, while allowing investors to participate in the upside potential of the SPDR S&P 500 ETF Trust up to a stated cap.
Innovator Capital Management has launched the Innovator International Developed Power Buffer ETF – September (Ticker: ISEP). The ETF will track the return of the iShares MSCI EAFE ETF up to a predetermined cap. It does this while buffering investors against the first 15 per cent of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.
iM Global Partner and Polen Capital have partnered to launch the Polen Capital Global Growth ETF (Ticker: PCGG), a solution that seeks to achieve long-term capital growth through a concentrated portfolio of 25-40 businesses with sustainable, above-average earnings growth. iMGP will be PCGG’s investment advisor, while Polen will serve as the subadvisor.
Madison Investments has launched the Madison Short-Term Strategic Income ETF (Ticker: MSTI). The actively managed ETF seeks to generate a high level of current income with diversified exposure to fixed income sectors. The solution will focus primarily on investment grade securities and maintains a short (typically three and a half years or less) average portfolio duration.
F/m Investments Launches F/m Opportunistic Income ETF (Ticker: XFIX). The ETF will seek to maximise total return, including both income and appreciation, by identifying undervalued and opportunistic sectors and securities in the US fixed income markets. The strategy allows for a flexible array of investments, including investment grade and high yield corporate and municipal bonds, US Government and agency securities, mortgage-backed securities and preferred stocks, and specialty issues.
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