Goldman Sachs Launches ETFs That Invest in Innovators: Portfolio Products

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%.

AcreTrader.com Launches, Lets Investors Buy Shares of American Farmland

AcreTrader, a farmland investing company, officially launched its platform for investors at AcreTrader.com. 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.