A January research paper from Ohio State University slammed specialty ETFs for poor risk-adjusted returns, high fees and lack of diversification, concluding that such funds “deliver a negative alpha of about –4%” annually.
“[T]hese [specialty] products compete for the attention of unsophisticated investors who chase past performance and neglect the risks arising from … under-diversified portfolios,” the paper states. “Specialized ETFs, on average, have generated disappointing performance for their investors.”
But Canadian ETF providers take issue with that notion, contending that ETFs with innovation themes are sustainable and that thematic funds can be beneficial when used appropriately. The returns of Canada’s top-performing thematic ETFs add credibility to that argument.
Mindset Pharma Inc : Mindset Pharma Added to North American Psychedelics Index finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
The Globe and Mail Contributed to The Globe and Mail Published February 16, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
The Canadian ETF industry reached $260 billion in assets under management at the end of January. The Canadian ETF product line-up continues to expand. New solutions consist mostly of thematic ETFs to cater to changing investor needs.
In the ESG space, Harvest ETF and BMO both launched a clean energy ETF. The Harvest Clean Energy ETF (
Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
RWB Received an $8 Million Warrant Exercise From an Institutional Investor and Signed an Irrevocable $7 Million Non-Convertible Debenture Unit Financing Commitment
Red White & Bloom (OTCQX:RWBYF) announced that it has arranged the required cash for the closing of its previously announced acquisition of an Illinois Adult Use and Medical Cannabis Cultivation Center License and Associated Assets. Upon closing, and subject to regulatory approval, the Company intends to introduce both its Platinum Vape and High Times branded products into the Illinois market. “Surpassing USD $1 billion of adult-use sales in only its first year, Illinois has quickly developed into one of the most robust revenue markets in the United States. With the financing now secured, we are thrilled to be one step closer to bringing Red White & Bloom’s nationally-recognized brands to this market. The renewed optimism around the State permitting an additional 75 retail locations further highlights the enorm