Global X Funds' Robotics and Artificial Intelligence ETF (BOTZ) Crosses $450 Million at One-Year Anniversary
NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today celebrated the one-year anniversary of the launch of the Global X Robotics and Artificial Intelligence ETF (BOTZ). BOTZ has received considerable interest from investors in its first year, having surpassed $450m in assets under management.(1) BOTZ launched on September 12, 2016 and tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index.
Questrade Wealth Management Inc. Announces Cash Distributions for Questrade Smart ETFs
TORONTO, Sept. 19, 2017 (GLOBE NEWSWIRE) -- Questrade Wealth Management Inc. announces the following cash distributions for the quarter ending on September 30, 2017. The distribution will be paid on or before October 5, 2017 to Unitholders of record on September 28, 2017 with an ex-dividend date of September 27, 2017.
Redwood Asset Management Announces Exchange Ratios for First Ever ETF Exchange Offer for the Redwood Canadian Preferred Share Fund
TORONTO, Sept. 15, 2017 (GLOBE NEWSWIRE) -- Redwood Asset Management Inc. (“Redwood”) is pleased to announce the exchange ratios for the exchange offering for the ETF units of the Redwood Canadian Preferred Share Fund (the “ETF”, or “the Fund”). The offering, which closes on September 22, 2017, is the first of its kind in Canada, and is another example in Redwood’s focus on delivering innovative solutions to Canadian investors. The ETF units of the Fund trade under the ticker symbol RPS on the NEO Exchange.
Global X Funds Announces Launch of the Global X U.S. Preferred ETF (PFFD)
NEW YORK, Sept. 13, 2017 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange traded funds (ETFs), today launched the Global X U.S. Preferred ETF (BATS: PFFD). Tracking the BofA Merrill Lynch Diversified Core U.S. Preferred Securities Index, the fund provides investors with broad exposure to the income-oriented U.S. preferred asset class. PFFD's expense ratio is 0.23%, while the ETF.com category average for 'Fixed Income: U.S. - Corporate Preferred Stock' was 0.48% as of 8/31/2017.[1]
AGF Announces September Cash Distributions for QuantShares MultiAsset Income Allocation ETF
TORONTO, Sept. 13, 2017 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF) (TSX:AGF.B) today announced the September 2017 cash distribution for QuantShares MultiAsset Income Allocation ETF, which pays quarterly distributions. Unitholders of record on September 26, 2017 will receive cash distributions payable on September 29, 2017.
U.S. Global Investors Reports 23% Year-Over-Year Growth in Operating Revenue for Fiscal Year 2017
San Antonio, Texas, Sept. 12, 2017 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $513,000, or $(0.03) per share, on operating revenues of $6.8 million for the fiscal year ended June 30, 2017. In comparison, for the previous fiscal year, U.S. Global Investors recorded a net loss of $3.7 million, or $(0.24) per share, on operating revenues of $5.5 million. The three factors that most impacted the reduction in net loss were an increase in revenues due to higher average assets under management, a decrease in compensation expense due to fewer employees, and lower general and administrative expenses than the previous year, partly due to one-time transition costs in the prior year.
FLOW TRADERS MOVES OFFICES TO W.R. GRACE BUILDING IN NEW YORK
For immediate release
