[January 21, 2022] |
NEO is proud to welcome Wealthsimple Inc. (“Wealthsimple”) again to the NEO Change with the launch of the Wealthsimple North American Inexperienced Bond Index ETF (CAD-Hedged). Mackenzie Investments will function trustee, supervisor and portfolio supervisor for the brand new ETF, which started buying and selling as we speak underneath the image WSGB.
With as we speak’s launch, Wealthsimple provides larger option to buyers within the ever-expanding socially accountable fastened earnings market. WSGB goals to allow buyers to achieve core fastened earnings publicity whereas having a constructive affect by funding tasks addressing environmental and social points.
The Wealthsimple North American Inexperienced Bond Index ETF seeks to copy the efficiency of the Solactive Inexperienced Bond USD CAD DM CAD hedged Index, which invests primarily in investment-grade inexperienced, social, and sustainable bonds, with its international foreign money publicity hedged again to the Canadian greenback.
“As an organization dedicated to creating accessible and inexpensive monetary merchandise for everybody, we’re excited to introduce the Wealthsimple Inexperienced Bond ETF on NEO’s revolutionary trade,” mentioned Ben Reeves, Chief Funding Officer at Wealthsimple. “Our new providing offers Canadians the power to speculate instantly within the environmental and social tasks required for a internet zero carbon financial system whereas additionally supporting their very own private monetary targets.”
Information on bonds held by WSGB will probably be supplied by Solactive and the Local weather Bonds Initiative, which can be sure that issuers adjust to Inexperienced and Social Bond Rules at launch, and subsequently on an annual foundation, to forestall greenwashing.
“ESG and socially accountable funding options have skyrocketed in demand over the previous few years, and we’re honoured that Wealthsimple has chosen to listing WSGB on the NEO Change,” mentioned Jos Schmitt, President and CEO of NEO. “It’s a true pleasure to function the itemizing associate for a company that shares our dedication to constructing a greater tomorrow. We stay centered, as ever, on persevering with to drive the change that gives buyers with larger alternative and supporting the Innovation Economic system, of which the local weather transition journey is a really essential half.”
Traders can commerce models of the Wealthsimple North American Inexperienced Bond Index ETF (WSGB) by way of their normal funding channels, together with low cost brokerage platforms and full-service sellers. Click on right here for a whole view of all NEO-listed securities.
Wealthsimple beforehand listed Canada’s first Shariah-compliant trade traded fund, the Wealthsimple Shariah World Fairness Index ETF (WSHR), on the NEO Change in Might of 2021.
The NEO Change is now house to nearly 200 distinctive listings, together with ETFs from Canada’s largest ETF issuers, and a number of the most revolutionary Canadian and worldwide progress corporations. NEO persistently facilitates about 20% of all buying and selling in Canadian ETFs and shut to fifteen% of all quantity traded throughout Canadian marketplaces.
In regards to the NEO Change
The NEO Change is Canada’s Tier 1 inventory trade for the innovation financial system, bringing collectively buyers and capital raisers inside a good, liquid, environment friendly, and service-oriented surroundings. Totally operational since June 2015, NEO places buyers first and gives entry to buying and selling throughout all Canadian-listed securities on a degree taking part in subject. NEO lists corporations and funding merchandise looking for an internationally acknowledged inventory trade that permits investor belief, high quality liquidity, and broad consciousness together with unfettered entry to market information.
NEO lately launched the Canadian ETF Market, a user-friendly platform offering buyers and advisors with one-stop entry to ETF analysis and evaluation. Actual-time, institutional-grade information powered by ETF specialist Trackinsight permits customers to match, distinction, and discover your entire universe of 1,200+ Canadian ETFs, freed from cost.
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About Wealthsimple
Wealthsimple is a brand new sort of monetary firm. Canadians can make investments, commerce, save, spend, and even do taxes in a low-cost, clear and less complicated means. Utilizing good expertise to make highly effective monetary instruments, Wealthsimple is on a mission to assist everybody obtain monetary freedom, regardless of who they’re or how a lot they’ve. The corporate was based by a workforce of economic consultants and expertise entrepreneurs, and is headquartered in Toronto, Canada.
Join with Wealthsimple: Web site | LinkedIn | Twitter | Instagram
About Mackenzie Investments
Mackenzie Investments is a number one funding administration agency with $210.3 billion in belongings underneath administration as of December 31, 2021. Mackenzie gives funding options and associated companies to multiple million retail and institutional shoppers by way of a number of distribution channels. Based in 1967, Mackenzie is a worldwide asset supervisor with workplaces throughout Canada in addition to in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Monetary Inc., one among Canada’s premier monetary companies corporations.
Join with Mackenzie: Web site | LinkedIn | Twitter
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