Dynamic and iShares expand ETF lineup

Dynamic Funds and BlackRock Asset Management Canada have launched three actively managed ETFs, representing tactical fixed income, U.S. mid-cap equity and global financial services exposures.

Read: How an ETF is born

Dynamic iShares Active Tactical Bond ETF seeks to provide interest income and long-term capital growth by investing in a diversified portfolio of primarily North American fixed income securities.

Dynamic iShares Active U.S. Mid-Cap ETF seeks to provide long-term capital growth by investing primarily in equity securities of U.S.- based companies with mid-capitalization.

Dynamic iShares Active Global Financial Services ETF seeks to provide long-term capital growth by investing primarily in equity securities of companies globally (with a U.S. focus) that are involved in financial services or financial technology.

In addition, effective today, the annual management fees on the Dynamic iShares Active ETFs noted below will be reduced as follows:

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