Dynamic Funds and BlackRock launch exchange-traded funds lineupBy Natasha Tremblay | January 26 2017 01:30PM
Dynamic Funds and BlackRock Asset Management Canada have partnered up to deliver an actively managed exchange-traded funds (ETF) lineup. Five new Dynamic iShares Active ETFs began trading on the TSX January 25.
Jordy Chilcott, President and Chief Executive Officer of Dynamic Funds, says "Dynamic iShares Active ETFs offer investors a variety of active solutions that can help them differentiate their portfolios by uncovering opportunities beyond a benchmark. Each ETF takes our portfolio manager's investment philosophy and tailors it specifically for the ETF structure. Our ETF lineup is competitively priced for the ETF marketplace and is well-positioned for those investors on fee-based platforms."
Exceptional growth for Canadian ETF industry
Warren Collier, Head of iShares, BlackRock Canada, says "In the evolving investment landscape, we continually look to innovate and deliver a robust range of investment solutions that meet the needs of Canadians. We're thrilled to be partnering with Dynamic to deliver on that goal. After a year of exceptional growth for the Canadian ETF industry, this suite of Dynamic iShares ETFs is one step further in providing greater choice to investors."
The new ETFs are:
- Dynamic iShares Active Preferred Shares ETF
- Dynamic iShares Active Crossover Bond ETF
- Dynamic iShares Active Global Dividend ETF
- Dynamic iShares Active U.S. Dividend ETF
- Dynamic iShares Active Canadian Dividend ETF