The funds, from Evolve and Horizons, will trade on NEO
The ETF’s investment objectives and strategies remain the same
The size of the industry grew to a record US$5.4 trillion
The change is effective April 9
Cyber and gender funds were deemed lower risk, while auto and U.S. bank ETFs are rated higher
The firm reduced the rating on some LibertyShares funds
Greatest net inflows went to fixed income
If approved, the changes will take effect on May 1
Department of Finance expects to gain $350 million by 2024 from proposals
The fund anticipates a growing U.S. market