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Portfolio > ETFs

Goldman Sachs Launches ETFs That Invest in Innovators: Portfolio Products

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Goldman Sachs Asset Management launched a suite of five exchange-traded funds (ETFs) that invest in the creators and adopters of innovation, across a range of sectors, market caps and geographies.

“Technology is impacting every aspect of our daily lives,” said Mike Crinieri, GSAM’s global head of ETF Strategy, in a statement. “It has grown from a single sector to a key driver of every sector. We are delighted to offer investors the ability to invest in companies driving these transformational changes.”

The ETFs seek to track indices created by Motif, a leading provider of systematic, data-driven indices and strategies. They provide exposure to the themes that Goldman Sachs Asset Management (GSAM) views as driving transformational changes to the global economy: data-driven world, finance reimagined, human evolution, manufacturing revolution and new age consumer.

The following Goldman Sachs Motif ETFs are available to investors on NYSE Arca today at 50 basis points:

  • Goldman Sachs Motif Data-Driven World ETF (GDAT)
  • Goldman Sachs Motif Finance Reimagined ETF (GFIN)
  • Goldman Sachs Motif Human Evolution ETF (GDNA)
  • Goldman Sachs Motif Manufacturing Revolution ETF (GMAN)
  • Goldman Sachs Motif New Age Consumer ETF (GBUY)

Schwab Trims ETF Fees

Schwab trimmed the operating expense ratios for three ETFs by one cent as of Monday, ,  March 11, as follows: 0.04% for the Schwab U.S. Small-Cap ETF (SCHA) and Schwab U.S. Mid-Cap ETF (SCHM) and 0.06% for the Schwab U.S. Dividend Equity ETF (SCHD).

Defiance ETFs Launches the 5G ETF

Defiance ETFs announced the launch of The Defiance Next Gen Connectivity ETF.

The 5G ETF (FIVG), which has an expense ratio of 0.30%, provides investors exposure to technologies that may stand to see significant benefits from the expansion of 5G networks.

The ETF emphasizes securities whose products and services are predominantly tied to the development of 5G networking and communication technologies. The fund does this by tracking The BlueStar 5G Communications Index. The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Index.

DWS Group expands ESG ETF suite

DWS Group launched the Xtrackers MSCI USA ESG Leaders Equity ETF (USSG), which was developed in collaboration with Ilmarinen, Finland’s largest pension insurance company.

The fund provides exposure to large- and medium-cap U.S. companies with high environmental, social and governance (ESG) performance relative to their sector peers. USSG seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA ESG Leaders Index. The expense ratio for the new fund is 0.10%. Launches, Lets Investors Buy Shares of American Farmland

AcreTrader, a farmland investing company, officially launched its platform for investors at The new platform allows individual investors to participate in farmland ownership through an online portal.

Using proprietary software and processes, AcreTrader identifies farmland and subjects each parcel to a rigorous review before deciding whether it should become an offering on the website. By employing aspects of the crowdfunding model approved under the JOBS Act of 2012, AcreTrader allows investors to buy shares in individual farms for as little as $1,000.

AcreTrader takes care of the ongoing management and administration for each farm acquired.

Each share is expected to receive annual cash payments from the farmers renting the land. In addition to this passive income, the underlying value of each share is expected to grow over time as the price of land increases.

Belpointe Launches First Public Opportunity Zone REIT

Belpointe, a private equity investment firm and family office, launched an Opportunity Zone-focused REIT.

The Belpointe REIT offers an investment vehicle for investors looking to benefit from the tax-advantaged high-return investment opportunities available in Opportunity Zones.It is open to non-accredited and accredited investors, with a minimum investment amount of $10,000.

The Belpointe REIT is targeting an equity offering of $3 billion and the firm said it expects to list on the NYSE or NASDAQ in six to eight years. The Belpointe REIT has an annual management fee of 0.75%, and a carried interest fee of 5%.

Panoramix and Riskalyze Integrate to Create New Efficiencies for Advisors

Panoramix, an advisor technology platform, announced a new technology integration with risk alignment platform Riskalyze.

Advisors using both systems can automatically view each client’s Risk Number and display them on both internal Panoramix advisory reports, as well as client-facing reports. The new technology integration will help advisors using both systems to automatically see client Risk Numbers so that they can synchronize their portfolios accordingly.

The Risk Number will now be available on both internal advisory and client facing reports, the latter as an optional feature that can be configured when reports are generated. By adding the client’s Risk Number and the Risk Numbers of the client’s portfolio and accounts, Panoramix assists advisors with matching the desired risk level to their actual at a glance.

Ocean Park Asset Management Adds Diversified Municipal Bond Model to FTJ FundChoice

Ocean Park Asset Management’s Diversified Municipal Bond Model will be added to FTJ FundChoice, an open architecture Turnkey Asset Management Program

The Ocean Park Diversified Municipal Bond Model will typically hold a variety of selected actively-managed municipal bond mutual funds and ETFs, but will move temporarily into money market funds in accordance with Ocean Park’s proprietary rules-based sell discipline.

The model has two goals: total return, including tax-exempt dividends and interest, and downside risk management, using a rules-based sell discipline. Ocean Park also seeks to capture parts of the periodic rising trends in price of the underlying funds, through its buy and sell disciplines.

The model will now be available on the FTJ FundChoice platform in its diversifier sleeve, alongside Ocean Park’s Balanced Risk Model.

—Read the last portfolio product roundup here: State Street Announces Changes to 2 High Yield Bond ETFs: Portfolio Products


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