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Portfolio > ETFs

Defiance ETFs Launches Virtual Reality ETF: Portfolio Products

By Emily Zulz

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Defiance ETFs launched a new exchange traded fund that is designed for investors seeking to capitalize on the growing opportunities in augmented reality and virtual reality technology.

The Defiance Future Tech ETF (AUGR) offers a liquid and transparent way to invest in companies developing and commercializing the augmented reality and virtual reality technology from application developers to manufacturers and distributors of the necessary hardware. The expense ratio is 0.65%.

“The AR/VR space has extended far beyond its roots in gaming to applications in healthcare, retail, manufacturing, entertainment and more,” Matthew Bielski, founder and CEO of Defiance ETFs, said in a statement. “But as the category matured and expanded, investors lacked options for adding targeted exposure to AR/VR leaders to their portfolios.”

The underlying index for the AUGR ETF is the BlueStar Augmented and Virtual Reality Index (BAUGR). This index is global in nature and includes approximately 60 stocks across all market capitalizations. Current country allocations include the United States, France, Japan and Korea. The index is equal weighted, offering investors more targeted exposure, including to smaller companies with higher growth potential.

Swell Investing Launches Diversified Impact Portfolio

Swell Investing launched a new portfolio of 400 public equities diversified across sectors and all 17 United Nations Sustainable Development Goals.

In building the new Swell Impact 400 portfolio, Swell’s impact team examined thousands of companies, ultimately identifying 400 companies poised to drive returns while achieving social and environmental impact.

Each of the companies in Swell’s Impact 400 portfolio derives revenue from products and solutions addressing the United Nations Sustainable Development Goals, ensuring that each company is actively working towards creating positive change in the world.

In addition, each company in the Impact 400 portfolio includes at least one woman or ethnically diverse member on their board or executive team.

All holdings within the Impact 400 can be found here. All Swell accounts have a $50 minimum. Swell charges a 0.75% annual fee.

Suite of MicroSectors “FANG+” ETNs Expanded

REX Shares launched three additional MicroSectors exchange traded notes in their partnership with Bank of Montreal.

The three ETNS – the MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO), the MicroSectors FANG+ Index -2X Inverse Leveraged ETNs (FNGZ) and the MicroSectors FANG+ Index Inverse ETNs (GNAF) – are based on the NYSE FANG+ Index and are now trading on NYSE Arca.

The NYSE FANG+ Index provides exposure to a select group of widely-held technology stocks. This includes the five core “FANG” stocks — Facebook, Apple, Amazon, Netflix and Alphabet’s Google, plus another five actively-traded technology growth stocks — Alibaba, Baidu, NVIDIA, Tesla and Twitter.

REX, a provider of alternative investment products, created the first MicroSectors ETNs earlier this year in partnership with Bank of Montreal and has seen significant market interest since their adoption. Bank of Montreal worked with REX on certain elements of product design and REX acts as Structuring Agent for the ETNs.

WisdomTree Launches the WisdomTree 90/60 U.S. Balanced Fund

WisdomTree launched the WisdomTree 90/60 U.S. Balanced Fund (NTSX), which has an expense ratio of 0.20%.

NTSX is WisdomTree’s second asset allocation ETF. The new fund seeks to achieve total return by investing in large-cap U.S. equities and U.S. Treasury futures contracts.

This exposure is created by investing approximately 90% of fund assets in a representative basket of U.S. equity securities of large-capitalization companies generally weighted by market capitalization and 10% in short-term fixed income securities that collateralize a targeted 60% notional exposure to U.S. Treasury futures.

Penn Mutual Asset Management Launches Institutional Mutual Fund

Penn Mutual Asset Management launched the Penn Mutual AM Unconstrained Bond Fund (PMUBX).

This fund utilizes an unconstrained approach and seeks attractive risk-adjusted total return through a combination of income and capital appreciation. PMAM chose to launch the Fund as a series of the Advisors’ Inner Circle Fund III.

The fund has a net expense ratio of 0.89%.

AllianceBernstein Broadens Access to Alternative Investments

AllianceBernstein announced an agreement with iCapital Network to provide a white label platform that will enable high-net-worth investors at Registered Investment Advisory firms and multi-family offices to access AB’s alternative investments platform.

iCapital technology will be used to help AB simplify access to its alternative investments, streamline the subscription processes and performance reporting, and improve the overall advisor and investor experience for AB clients.

iCapital recently announced a partnership with Barings.

Horizons ETFs US Extends Fee Waiver on Horizons DAX Germany ETF

Horizons ETFs Management announced the extension of the reduced expense ratio for the Horizons DAX Germany ETF (DAX).

The expense ratio dropped from 0.45% to 0.20%. This 25-basis-point reduction is effective August 1, 2018 through July 31, 2019.

The fund, which launched in October 2014, tracks the DAX Index, which contains shares of the 30 largest and most liquid companies on the German equities market.

— Read last week’s Portfolio Products here: Invesco Adds New Fixed Income ETFs Using Self-Indexing: Portfolio Products

Emily Zulz

@think_emilyz

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