American Century Investments announced the further buildout of its suite of exchange traded funds.
American Century Quality Diversified International ETF (QINT), American Century STOXX U.S. Quality Growth ETF (QGRO) and American Century Diversified Municipal Bond ETF (TAXF) are now available to clients and investors and listed on the NYSE ARCA.
“We are building a lineup of ETFs that apply our unique insights to solve common investment problems and help investors achieve their goals,” said Edward Rosenberg, senior vice president and head of ETFs for American Century Investments, in a statement.
American Century Quality Diversified International ETF, which has an expense ratio of 0.39%, is a foreign large blend fund that seeks to enhance core international exposure. It uses a rules-based approach that analyzes each stock’s quality, growth and value characteristics to select individual securities and dynamically adjusts exposures to take advantage of prevailing market conditions.
American Century STOXX U.S. Quality Growth ETF, with an expense ratio of 0.29%, is a large-cap growth fund for that seeks to enhance the core growth component of investor portfolios. It, too, uses a rules-based approach to identify stocks for quality and growth. It distinguishes between stable growth and pure growth companies, dynamically allocating to each category and adjusting sector exposures, depending on market conditions.
American Century Diversified Municipal Bond ETF, which has an expense ratio of 0.29%, is an actively managed municipal bond fund that includes high yield and investment grade municipal bonds. Designed for investors seeking current income, the fund dynamically adjusts investment grade and high yield exposures based on prevailing market conditions.
Janus Henderson Launches Actively Managed Mortgage-Backed Securities ETF
Janus Henderson Investors launched an actively managed mortgage-backed securities ETF designed to outperform the Bloomberg Barclays U.S. MBS Index.
The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is the first U.S. product and first ETF to be introduced since Denver-based Janus Capital Group merged with London-based Henderson Group in 2017.
The portfolio managers will leverage the company’s deep research capabilities in securitized assets in an effort to pinpoint inefficiencies in the MBS market. Globally, Janus Henderson has 10 analysts covering securitized products.
JMBS, which has an expense ratio of 0.35%, gives investors seeking liquidity and minimal credit risk a “strong option to potentially generate better risk-adjusted returns than low-cost passive MBS ETFs or higher fee active MBS mutual funds,” according to Nick Cherney, head of exchange traded products at Janus Henderson.
OppenheimerFunds Expands ETF Platform with New Global Ultra Dividend Strategies
OppenheimerFunds expanded its ETF offerings with the addition of two new revenue-weighted international and emerging markets focused ultra dividend investment strategies.
Developed in partnership with global index provider FTSE Russell, the Oppenheimer International Ultra Dividend Revenue ETF (RIDV) and Oppenheimer Emerging Markets Ultra Dividend Revenue ETF (REDV) extend the firm’s range of equity income ETF solutions for clients across U.S., international developed and emerging markets.
The Oppenheimer International Ultra Dividend Revenue ETF (RIDV), which has an expense ratio of 0.42%, invests in securities in the FTSE Developed Ex-US Index with high average one-year trailing dividend yields.
The Oppenheimer Emerging Markets Ultra Dividend Revenue ETF (REDV), which has an expense ratio of 0.46%, invests in securities in the FTSE Emerging Market Index with high average one-year trailing dividend yields.
OppenheimerFunds’ suite of Ultra Dividend Revenue ETFs employs a dynamic rules-based investment process to provide greater exposure to high-dividend paying stocks. They offer high income potential by targeting high-yielding securities, increased value orientation through the use of the firm’ s proprietary revenue weighting methodology and greater opportunistic yield.
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