Industry Updates

Redwood lists Canadian active ETFs

David Tuckwell

A daily roundup of new ETF listings from around the world.

Asset manager Redwood are listing two active ETFs in Canada. The funds will invest in the debt of American corporates, looking for high yields (preferred securities, $1,000-par institutional). The funds offer both currency hedged units denominated in US dollars (RPU.U) and non-currency hedged units in Canadian dollars (RPU.B).


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