3 new ETFs from First Asset

First Asset Investment Management has launched three new ETFs: the First Asset U.S. Tactical Sector Allocation Index ETF, First Asset Canadian Dividend Low Volatility Index ETF and First Asset U.S. Equity Multi-Factor Index ETF.

All three will start trading on the TSX today, and more details are below.

• The First Asset U.S. Equity Multi-Factor Index ETF invests in U.S. companies that exhibit low beta, and low price-to-earnings and price-to-book characteristics.
• The First Asset Canadian Dividend Low Volatility Index ETF invests in TSX-listed issuers that exhibit low beta and high dividend yield characteristics.
• The First Asset U.S. Tactical Sector Allocation Index ETF invests in ETFS that offer exposure to both equity sectors and short- and mid-term fixed income investments.