Canadian giants launch joint ETFs today

Canadian giants launch joint ETFs today

Canadian giants launch joint ETFs today Dynamic Funds and BlackRock Canada have teamed up for a new suite of actively managed exchange-traded funds, which begin trading on the TSX today.

The new suite of five Dynamic iShares Active ETFs combines Dynamic’s style of active portfolio management with BlackRock’s ETF execution and operational expertise. 

“Dynamic iShares Active ETFs offer investors a variety of active solutions that can help them differentiate their portfolios by uncovering opportunities beyond a benchmark.  Each ETF takes our portfolio manager’s investment philosophy and tailors it specifically for the ETF structure,” said Jordy Chilcott, President & CEO, Dynamic Funds. “Our ETF lineup is competitively priced for the ETF marketplace and is well-positioned for those investors on fee-based platforms.”

“In the evolving investment landscape, we continually look to innovate and deliver a robust range of investment solutions that meet the needs of Canadians. We’re thrilled to be partnering with Dynamic to deliver on that goal,” said Warren Collier, Head of iShares, BlackRock Canada.  “After a year of exceptional growth for the Canadian ETF industry, this suite of Dynamic iShares ETFs is one step further in providing greater choice to investors.” 

Dynamic iShares Active ETFs (listed below) will begin trading on the Toronto Stock Exchange (TSX) as of market open on January 25, 2017.
Dynamic iShares Active Preferred Shares ETF (TSX Ticker: DXP)
Dynamic iShares Active Crossover Bond ETF (TSX Ticker: DXO)
Dynamic iShares Active Global Dividend ETF (TSX Ticker: DXG)
Dynamic iShares Active U.S. Dividend ETF (TSX Ticker: DXU)
Dynamic iShares Active Canadian Dividend ETF (TSX Ticker: DXC)

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