Two new alternative ETFs debuted on NYSE Arca today: the AGFiQ Global Infrastructure ETF (GLIF) and AGFiQ Dynamic Hedged U.S. Equity ETF (USHG).
The pair of new ETFs from AGF Management Limited (AGF) provide the company with the opportunity to leverage their capabilities and bring to the U.S. marketplace additional innovative strategies through their quantitative and factor-based investment platform – AGFiQ.
Bill Carey, Chief Executive Officer, AGF Investments LLC, said the launch of these new products reinforces AGF’s commitment to bringing new alternative solutions to investors in the U.S.
“At the same time, it supports the further growth of AGF’s footprint in the U.S., leveraging the organizational strength, research acumen, investment capabilities and marketing and product development,” Carey said.
The new ETFs were developed to bring opportunities for diversification through alternative asset classes and also risk-managed solutions through the use of alternative investment strategies.
The AGFiQ Global Infrastructure ETF uses a multi-factor investment process to seek long-term capital appreciation by investing primarily in global equity securities in the infrastructure industry.
“As an active, multifactor ETF, AGFiQ Global Infrastructure or GLIF provides potential diversification and risk reduction benefits for investors, said Florence Narine, Senior Vice-President, Head of Product, AGF Investments Inc. “Listed infrastructure securities typically offer higher dividend yields than equities or bonds and can be used as a hedge against inflation or to mitigate rising rates.”
Meanwhile, the AGFiQ Dynamic Hedged U.S. Equity ETF provides exposure to a diversified portfolio of U.S. equities, while seeking to provide long-term capital appreciation with lower volatility using embedded downside risk management which seeks to protect capital.
“As a risk-managed holding, AGFiQ Dynamic Hedged U.S. Equity ETF or USHG offers exposure to the long-term growth potential of U.S. equities using a multi-factor approach designed in an effort to have lower volatility and better risk-adjusted returns relative to the market through its use of a dynamic hedging model,” added Narine.
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