AGF Investments Debuts Quantitative-Based Alternative ETF Range

Jan 31 2017 | 12:24am ET

Canadian asset management firm AGF Investments has launched a new series of liquid alternative ETFs under the AGFiQ Asset Management banner and listed them on the Toronto Stock Exchange.

AGIFiQ is a quantitative investment platform that combines investment professionals across AGF and its Highstreet Asset Management and FFCM units, the company said in a statement. 

The new funds include four enhanced core options and three multi-asset portfolio solutions designed to deliver better risk-adjusted returns. All are actively managed by AGFiQ using quantitative research.

The funds and tickers are as follows:

  • The QuantShares Enhanced Core Canadian Equity ETF (QCD) seeks to provide long-term capital appreciation with reduced volatility, over a full market cycle, by investing primarily in equity securities of issuers in Canada.
  • The QuantShares Enhanced Core US Equity ETF (QUS) seeks to provide long-term capital appreciation with reduced volatility, over a full market cycle, by investing primarily in equity securities of issuers in the United States.
  • The QuantShares Enhanced Core International Equity ETF (QIE) seeks to provide long-term capital appreciation with reduced volatility, over a full market cycle, by investing primarily in equity securities of issuers in Europe, Australasia and the Far East.
  • The QuantShares Enhanced Core Emerging Markets Equity ETF (QEM) seeks to provide long-term capital appreciation with reduced volatility, over a full market cycle, by investing primarily in equity securities of emerging market issuers.
  • The QuantShares Global Equity Rotation ETF (QGL) seeks to provide long-term capital appreciation by investing, directly or indirectly, including through exchange-traded funds (“ETFs”), in global equity securities.
  • The QuantShares MultiAsset Allocation ETF (QMA) seeks to provide long-term capital appreciation with reduced volatility by investing, directly or indirectly, including through ETFs, in global equity and fixed income securities including securities related to non-traditional asset classes.
  • The QuantShares MultiAsset Income Allocation ETF (QMY) seeks to generate capital growth and regular income by investing, directly or indirectly, including through ETFs, in global equity and fixed income securities including securities related to non-traditional asset classes.

“Innovation has always been at the heart of AGF, dating back to our founders 60 years ago,” said Blake Goldring, CEO of AGF Management Limited. “The launch of AGFiQ and our offering of ETF solutions is yet another milestone in our commitment to meeting the evolving needs of our clients and partners.”

“We spent a significant amount of time refining our quantitatively-based investment processes and capabilities to unify them under AGFiQ,” added Kevin McCreadie, president and CIO. “Our team of investment professionals builds portfolios with an emphasis on factor-driven investing and our proprietary multi-factor approach allows for intelligent portfolio construction that provide opportunities for total return while also actively managing risk and the potential for losses.”

The four QuantShares core ETFs are managed by Highstreet, while the three multi-asset portfolio solutions are sub-advised by FFCM, the company said. 

Founded in 1957 and based in Toronto, AGF Management Limited is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. The company’s clients include financial advisors, individual investors, pension plans, corporate plans, sovereign wealth funds and endowments and foundations. The company managed more than $34 billion as of December 31, 2016. 


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