New infrastructure and dividend funds offer wider diversification by going beyond North America
Dynamic Funds has launched two new active ETFs, the Dynamic Active Global Infrastructure ETF and the Dynamic Active International Dividend ETF to help income-seeking investors better diversify their portfolios. Both are trading on the TSX.
“We are excited to provide these new solutions to our clients, as there are few truly active ETFs available in these areas of the market,” said Dynamic Funds Managing Director Mark Brisley.
Trading under the ticker symbol DXN, the Dynamic Active Global Infrastructure ETF invests primarily in a diversified portfolio of companies operating infrastructure and related businesses from around the globe. With an objective of providing long-term capital appreciation and income, DXN’s strategy is led by Frank Latshaw, and also managed by Oscar Belaiche; both Latshaw and Belaiche run a similar mandate.
Meanwhile, DXW’s underlying investments are primarily focused on equity securities of dividend- or distribution-paying companies with locations or businesses primarily conducted outside of North America. Like DXN, DXW seeks to provide income and long-term capital appreciation; it is managed by Dana Love, Kevin Kaminski, and Danilo Martins, all of whom manage a similar mandate.
“Dynamic Active Global Infrastructure ETF and Dynamic Active International Dividend ETF can provide investors with greater choice and flexibility when diversifying their portfolios, and are underpinned by Dynamic's considerable experience in the active ETF space,” Brisley said.
DXN and DXW are offered for a management fee of 0.85% and 0.7%, respectively. DXN is reported to have quarterly distributions, while DXW comes with monthly distributions.