Redwood Asset Management to launch ETFs on NEO

Redwood Asset Management will launch* four new ETFs on Aequitas NEO in February 2017 — its first ETFs on the public markets. Redwood is also the first non-shareholder to launch ETFs on NEO.

Read: Horizons ETFs to eliminate advisor-class units

The ETFs are:

· Redwood Floating Rate Preferred Fund, · Redwood U.S. Preferred Share Fund, · Redwood Emerging Markets Dividend Fund and · Redwood Unconstrained Bond Fund.

Read: $108-billion ETF industry attracts big banks

Also read: Banned commissions another threat to advisory services, groups warn

*The original version of this article incorrectly stated that the ETFs had already launched. Return to the corrected sentence.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.