ONEF is an actively-managed ETF that is a fund of funds looking to achieve long-term capital appreciation by investing at least 80% of its assets in the shares of other ETFs. The fund aims to be a simple and easy way to own a global diversified, professionally managed portfolio in a single fund. The underlying ETFs that the fund invests in can be holding companies of any size in both developed and emerging markets.
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U.S. One Inc, whose N1-A filing with the SEC to launch an ETF of ETFs we had previously discussed, today launched its first ETF product called One Fund (ONEF) which will be listed on the NYSE. The company had announced the finalization of ONEF through a press release on May 4th, and it also filed a “Notice of Effectiveness” with the SEC on the same date.
U.S. One, Inc. had previously filed a 40-APP with the SEC on Feb 1st, 2010, seeking the exemptions required to create an Actively-Managed ETF that was initially described in that filing as a “fund of funds” that will hold shares of underlying ETFs. On April 5th, U.S. One filed the N-1A form with the SEC which provides a lot more detail and colour on the Active ETF launch that is being planned.
ONEF is an actively-managed ETF that is a fund of funds looking to achieve long-term capital appreciation by investing at least 80% of its assets in the shares of other ETFs. The underlying ETFs that the fund invests in can be holding companies of any size in both developed and emerging markets. There is restriction on how much of the portfolio may be invested in foreign companies.
HAW is an actively-managed ETF that tries to achieve long-term capital growth through investments in North American equities as well as ADRs of foreign companies listed in North America. The portfolio manager for HAW, Steve Rogers, identifies investment opportunities by doing fundamental research and finding industry leaders.
HAL is an actively-managed ETF that invests in North American companies with above average dividend yields in order to generate returns from dividend income and modest capital growth. The fund’s sub-advisors, Leon Frazer & Associates’, use fundamental and technical research to choose companies with long-term prospects of increasing dividends.
HAV is an actively-managed ETF that invests in North American (primarily US) equities in order to achieve long-term capital appreciation and income. The sub-advisors, Patient Capital Management, utilize a value methodology to pick investments. The fund aims to purchase investments at favourable valuations, identified through research on company balance sheets, cash flows and management strength.
HAC is an actively-managed ETF that has a unique seasonal rotation investment strategy, developed by Don Vialoux and Brooke Thackray. It invests across equities, fixed income, commodities and currencies to achieve long-term capital appreciation. HAC’s investment methodology is dictated by a seasonal investment timeline which identifies industries, sectors and stock market segments that have done well historically in different months of the year.
