New recent investment products

Each week, Advisor’s Edge will list notable new investment products launched in Canada. Here’s what has come out recently:

• The Mackenzie Emerging Markets Equity Index ETF began trading Feb. 8. That fund, which trades under the ticker symbol QEE, is touted as a “new opportunity to potentially benefit from the rapid economic growth taking place in global emerging markets and exposure to diversified sectors and geographies.” QEE tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index. The risk rating is medium and the annual management fee is 0.22%.
• Horizons ETFs Management (Canada) Inc. and Ninepoint Partners LP launched products that offer exposure to carbon emissions allowance futures. The Horizons Carbon Credits ETF started trading Feb. 10 on the TSX while the Ninepoint Carbon Credit ETF is expected to start trading on the NEO exchange on Feb. 16. A mutual fund version of the Ninepoint product will be available on Fundserv. The management fee on both ETFs will be 0.75%. Ninepoint’s mutual fund management fees will range from 0.55% for Series SF to 1.75% for Series A. Both products will have a high risk rating.
• BMO Asset Management Inc.’s Canadian Bank Income Index ETF began trading Feb. 10 under the ticker symbol ZBI. The ETF invests in Canadian bank financing instruments. ZBI’s risk rating is low, the maximum annual management fee is 0.25% and the management expense ratio is estimated to be 0.28%.
• National Bank Investment Inc.’s Active Sustainable Canadian Short Term Bond ETF began trading Feb. 10 on the TSX under the ticker symbol NSSB. The fund is subadvised by AlphaFixe Capital Inc. and primarily invests in high-quality Canadian corporate fixed-income securities. The debt instruments must also be “designed to raise funds that promote a positive environmental and/or social impact and/or contribute to sustainable development,” National Bank said. The management fee is 0.25% and the risk rating is low.

If you would like us to consider your launch, email Greg Meckbach at greg@newcom.ca.