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Portfolio > Portfolio Construction

Hoya Capital Launches Housing ETF: Portfolio Products

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Hoya Capital Real Estate, a research-focused investment advisor specializing in real estate securities, launched its first ETF, and it offers diversified exposure across the entire U.S. housing sector.

The Hoya Capital Housing ETF (HOMZ) seeks to track the Hoya Capital Housing 100 Index, a rules-based index designed to track the 100 companies that collectively represent the performance of the U.S. housing sector including home builders, home rental operators, home services and technology firms, and home improvement companies.

The index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage. HOMZ has total annual fund operating expenses of 0.45%

FTSE Russell Launches Indicative Digital Assets Index

FTSE Russell announced plans for a new indicative FTSE Digital Assets Index.

The indicative index, which is being produced in association with DAR Data Services, will be used to evaluate and test a benchmark for the most actively traded digital assets. It will also help assist establish new industry standards for the digital assets market, in consultation with market participants, and provide a framework for greater research and understanding of this new asset class.

The indicative index, which will be available to registered users, will be calculated every 15 seconds, 24/7 with data sourced from selected digital exchanges vetted and approved by DAR.

FTSE Russell will also provide a volume-weighted average price for all 100 constituent digital assets. The volume-weighted average prices will be calculated by DAR, taking raw prices from the vetted exchanges and quality screened to remove erroneous and outlying prices prior to publication.

The digital assets market includes exchanges and trading venues that trade cryptocurrencies, digital tokens and coins. FTSE Russell will establish an Advisory Group to help define assets eligible for index inclusion and publish these in due course.

Transamerica Launches Risk-Managed Emerging Markets ETF

Transamerica Asset Management launched a new ETF that offers investors the opportunity to participate in the performance of the 100 largest companies in the emerging markets plus the Republic of Korea.

The DeltaShares S&P EM 100 & Managed Risk ETF (DMRE) seeks to track the investment results of the S&P EM 100 Managed Risk 2.0 Index, which is designed to simulate a portfolio that dynamically adjusts its allocations across the S&P EM 100 Index. Its total annual operating expenses is 60 basis points.

Investing in a combination of emerging market stocks, U.S. Treasury bonds, and cash, the fund strives to optimize its investment choices by utilizing rules-based, transparent strategies based on stock market volatility trends.

DMRE is an expansion of the DeltaShares by Transamerica suite of strategic beta ETFs introduced in August 2017.

SoFi’s Money and Invest Products Now Available to Public

SoFi announced that two new products – SoFi Money and SoFi Invest – are now available to the general public. Both products offer no fees and a seamless mobile-first interface.

SoFi Money is a hybrid account offering high-yield interest (currently 2.25% APY), zero account fees, unlimited ATM fee reimbursements worldwide, and the ability to spend, pay, and save directly from the SoFi mobile app. SoFi Money features include free person-to-person (P2P) payments, electronic bill pay, mobile check deposits, debit card functionality, and mobile payment integrations.

SoFi Invest is a free consumer investing service that offers stocks, ETFs, and robo-advising, with no commissions or management fees. SoFi Invest offers both active (brokerage) and automated (robo) investing, as well as real-time, curated investing news. Whether its no-fee model is sustainable, is questionable, according to at least one analyst.

Conestoga Fund Added to Schwab’s Mutual Fund OneSource Select List

The Conestoga SMid Cap Fund (CCSMX) has been added to Charles Schwab’s Mutual Fund OneSource Select List in the first quarter of 2019.

The Mutual Fund OneSource Select List is comprised of no-load and no-transaction fee mutual funds that have passed rigorous screening for performance, risk and expenses by Charles Schwab Investment Advisory.

Launched in 2014, the Conestoga SMid Cap Fund seeks to provide long-term growth of capital through a portfolio invested in small- and mid- capitalization companies.

The investment team searches for profitable companies which they believe have sustainable earnings growth rates, strong financial characteristics, and insider ownership.

ATA RiskStation Now Available on Fusion Capital Management TAMP

ATA RiskStation, a comprehensive portfolio risk oversight technology for financial advisors and compliance professionals, and Fusion Capital Management, an advisor platform providing a turnkey asset management solution, selected ATA RiskStation to drive comprehensive portfolio risk assessment and risk monitoring on its Fusion Elements platform.

ATA RiskStation is a comprehensive portfolio risk oversight technology for financial advisors and compliance professionals that delivers customized, comprehensive and Intuitive risk analytics on a daily basis.

ATA RiskStation’s new “enterprise compliance dashboard” will allow advisors, management and the compliance teams to view risk across the whole firm, giving intuitive and actionable views across all client households.

–Read the last portfolio product roundup here: Betterment for Advisors Integrates With Redtail, Wealthbox: Portfolio Products


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