ETF Providers: First Asset ETFs
First Asset – acquired in late 2015 by CI Investments – offers leading edge investment strategies that strive for superior risk adjusted returns on a low cost basis. FA believes Exchange Traded Funds are an essential tool in modern portfolio construction along with individual stocks, bonds, mutual funds and closed-end funds.
Following rigorous testing and continuous analysis of the global exchange traded fund landscape, new ETFs are launched in order to provide investors with access to proven strategies and under-represented asset classes in the Canadian marketplace.
FA’s AUM as at May 31, 2016 stood at $2.05 Billion, spread across an ETF offering spanning fixed income, covered call ETFs (25%); Morningstar Factor based ETFs, MSCI Low Risk Weighted ETFs (available in “Advisor Class”), and of late, an increasing number of actively managed ETFs.