Mackenzie Investments, a leading investment management firm headquartered in Toronto, announced the launch of 12 ETFs this week, all of which will be tracking Solactive benchmark indices…..
Timo Pfeiffer, Head of Research at Solactive
These indices are part of a growing range of Solactive benchmarks aimed at providing broad-based access to different segments of the equity and fixed-income markets with country, regional, and global exposure through marketcap-weighted strategies.
On the equity side, the underlying Solactive indices give access to diversified baskets of Canadian, US, and Developed Markets stocks, while on the fixed-income side, they provide exposure to Canadian bonds, US TIPS, and USD-denominated corporate bonds. With these launches, Solactive is strengthening its position as a worldwide provider of benchmarks, further extending its competitive offering in the Canadian market.
Timo Pfeiffer, Head of Research at Solactive, commented: “We are excited about these ETF launches, some of which are the first ETFs linked to Solactive’s new Global Benchmark Series. We look forward to continuing expanding our business in the Canadian market and it has been great to meet many of our Canadian clients at the opening event of the Toronto office last week.”
The Solactive benchmarks can help investors gain an overview of the performance of different sections of the equity and fixed-income markets. In addition, they can be used as the underlying indices for investment products such as ETFs. Alternatively, they can constitute the starting universe for smart beta strategies.