Horizons ETFs Management and its affiliate AlphaPro Management say that AlphaPro’s family of actively managed and specialty exchange-traded funds (ETFs) have reached $2 billion in assets under management (AUM).
In Canada, the vast majority of ETF assets typically track an index.
“Investors are recognizing that ETFs have evolved beyond their initial roots of passively following the market, and can now be actively managed, while retaining their low-cost and flexible structure,” says Howard Atkinson, president of Horizons ETFs.
Currently, active ETFs make up approximately half of Horizons ETFs’ $4 billion in AUM, and, of these assets, more than half are based on income-focused mandates.
“As a provider of both index tracking and actively managed ETF solutions, we believe there is a place for both in investor portfolios,” adds Atkinson.
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