AGF Launches Two New ETFs On NEO
AGF Investments Inc. (“AGF”), including AGF Management Limited Chairman and Chief Executive Officer Blake Goldring, joined Jos Schmitt, President and Chief Executive Officer, NEO, to open the market in celebration of two new AGFiQ Exchange-Traded Funds (ETFs) on the NEO Exchange. The AGFiQ Enhanced Global ESG Factors ETF (QEF) and the AGFiQ Enhanced Global Infrastructure ETF (QIF) commenced trading on February 12, 2018.
Toronto – February 27, 2018 – The NEO Exchange (“NEO”) is pleased to announce that AGF Investments Inc. (“AGF”), through AGFiQ Asset Management (“AGFiQ”) launched two new ETFs on NEO: the AGFiQ Enhanced Global ESG Factors ETF (QEF) and the AGFiQ Enhanced Global Infrastructure ETF (QIF). When these new ETFs began trading on February 12, 2018, AGF became the eighth ETF provider to list products on NEO.
QEF invests in companies with strong ESG profiles bringing the additional benefits of individual company leadership to a global allocation, and QIF invests primarily in global equity securities of issuers in the infrastructure industry and related sectors including telecom, utilities, energy and transportation.
“We are excited to partner with NEO as we grow our suite of factor-based ETFs leveraging the expertise of our in-house AGFiQ team to provide investors with differentiated access to growing segments of the market as they build their global equity portfolios,” said Florence Narine, Senior Vice-President, Head of Product, AGF Investments Inc. “NEO has demonstrated their capabilities to distribute funds into the advisor channel with ease. Their focus on programs that help raise awareness and visibility supporting us as providers is an important factor that we look for in our partners.”
While this is the first time AGF has selected NEO as a listing venue, their other listed ETFs already trade comfortably on the exchange with over 35 per cent of volume traded on NEO in January 2018.
“We are proud to embrace a partner like AGF who recognizes the importance of promoting sustainability, doing what is right for the investor and the value of competition in Canadian capitals markets,” stated Jos Schmitt, President and Chief Executive Officer, NEO. “The growing momentum of partners and products coming to our exchange is a rewarding affirmation that the industry is in favour of a level playing field. We will continue to implement innovative solutions that provide the necessary liquidity required for listed products and public companies to succeed.”
The NEO Exchange consistently accounts for more than 20 per cent of all Canadian ETF trading volume, and is currently home to more than 60 ETF listings from nine Canadian providers. Click here for a complete view of all NEO-listed securities.
About NEO Exchange
The NEO Exchange (NEO) is Canada’s next generation stock exchange, putting the needs of investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue to trade all Canadian listed equities. It also has a value added listing platform for capital raising companies and investment products, offering unique liquidity, transparency and efficiency benefits.
For trading inquiries contact NEO’s investor helpline, toll-free at 1-844-933-5900.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF brings a disciplined approach to delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With $37 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
For more information, please visit: AGFiQ.com
Director, Corporate Communications, AGF Investments Inc.