Guggenheim Funds filed with U.S. regulators this week to market four international exchange-traded funds (ETFs) linked to BNY Mellon indexes.
According to Cinthia Murphy for Index Universe, the ETFs would join Guggenheim’s roster of 16 global equity funds.
It’s been a busy year for the provider. Guggenheim recently rolled out four of nine planned target maturity fixed-income funds. Although there are no tickers or expense ratios, there are other details:
- The Guggenheim ABC High Dividend ETF will replicate the rules-based BNY Mellon ABC Index, a benchmark of 30 securities and U.S.-listed American depositary receipts of dividend-paying companies from Australia, Brazil and Canada.
- The Guggenheim BMAC Commodity Producers ETF will track the BNY Mellon BMAC Index that measures the performance of roughly 30 companies either through securities or ADRs from Brazil, Mexico, Australia and Canada.
- The Guggenheim Small-Mid Cap BRIC ETF will be a small- and mid-cap version of the company’s other BRIC ETF, Guggenheim BRIC ETF (NYSEArca: EEB).
- The Guggenheim International High Dividend ETF tracks the top 30 securities and ADRs already included in the BNY Mellon ADR Index and DJ Canada TSM Index.
Tisha Guerrero contributed to this article.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.