First Trust Portfolios Canada announces TSX listing effective dates for changes of investment strategies FT Portfolios Canada Co. Toronto, Ontario, CANADA
TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) FT Portfolios Canada Co. (“First Trust Canada”), a privately owned company, announced today, on February 17, the effective date of 7 new investment strategies including Canada’s first 5G and Internet ETFs on the TSX.
On February 3, 2021, unitholders of the ETFs listed below approved a proposal to modernize sector exposure resulting in amending the ETFs. The proposal was implemented as of February 12, 2021 for the First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) and February 17, for the remaining six ETFs.
When it comes to sector exchange-traded funds, it s hard to find funds that are more revered and better performing than technology fare.
What Happened: Regarding tech industry ETFs, cloud computing and cybersecurity funds have been stout performers and investor favorites. Now, aggressive traders can get add some leverage to the mix thanks to new duo of geared ETFs.
On Thursday, ProShares launched the
ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) and the
ProShares Ultra Nasdaq Cloud Computing (NASDAQ:SKYU).
UCYB is the first leveraged cybersecurity ETF. Direxion launched a bullish and bearish set of leveraged cloud ETFs earlier this month.
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Pandemic ushers in the next era of enterprise cloud adoption
Covid-19 has pushed global cloud spend up even further, as companies look to modernise at a faster clip in response to more remote working and digital engagement with clients and customers
COVID-19 has pushed global cloud spend up even further, as companies look to modernize at a faster clip in response to more remote working and digital engagement with clients and customers.
FT Portfolios Canada Co. Announces Proposals to Change the Investment Objectives of Certain Funds
TORONTO, Dec. 18, 2020 FT Portfolios Canada Co. (the “
Manager”), the manager of First Trust AlphaDEX™ U.S. Utilities Sector Index ETF, First Trust AlphaDEX™ U.S. Consumer Staples Sector Index ETF, First Trust AlphaDEX™ U.S. Consumer Discretionary Sector Index ETF, First Trust AlphaDEX™ U.S. Materials Sector Index ETF, First Trust AlphaDEX™ U.S. Energy Sector Index ETF, First Trust AlphaDEX™ U.S. Financial Sector Index ETF and First Trust Dorsey Wright U.S. Sector Rotation Index ETF (CAD-Hedged) (collectively, the “
Funds”) is pleased to announce that the board of directors of the Manager has approved a proposal to change the investment objectives of each of the Funds as set out below (the “