ONE North American Core Plus Bond ETF to
commence trading on the Toronto Stock Exchange today
TORONTO, Oct. 12, 2018 /CNW/ - WisdomTree Asset
Management Canada, Inc. ("WisdomTree Canada") today announced the
launch of the ONE North American Core Plus Bond ETF ("ONEB" or the "Fund"). Having completed the
initial public offering, units of the Fund will begin trading today
on the Toronto Stock Exchange ("TSX") under the ticker symbol
ONEB.
ONE North American Core Plus Bond ETF (TSX: ONEB)
- The ONE North American Core Plus Bond ETF seeks to provide a
stable rate of return, primarily through income, and to a lesser
extent, capital appreciation by investing in a portfolio consisting
of investment grade North American fixed income securities issued
by corporations, governments (federal and state/provincial) and
government-related entities and agencies through direct purchases
and/or ETFs.
- The Fund is advised by One Capital Management, LLC ("OCM"), an
investment management firm with more than CAD$1.8 billion in assets in Canada and the U.S.
- OCM will employ an actively managed investment strategy,
utilizing proprietary fundamental credit research and analysis. OCM
will also direct the currency hedging strategy.
- The management fee for the Fund is 0.55%.
"We're thrilled to continue the expansion of our ETF lineup and
provide Canadian investors increased access to actively managed
fixed income strategies," said Kurt
MacAlpine, WisdomTree Executive Vice President and Global
Head of Distribution. "In line with the Canadian ETF industry
overall, WisdomTree Canada has seen tremendous growth over the past
year, especially in our core fixed income products – CAGG and CAGS
– launched just over a year ago. We're looking forward to
expanding our relationship with OCM to launch our newest addition
to the fixed income product suite."
WisdomTree Canada's product suite covers Canadian, U.S.,
European, global and international equities in developed and
emerging markets as well as North American fixed income. WisdomTree
ETFs provide Canadian investors with the opportunity to gain
exposure to equity and fixed income asset classes through
innovative, dividend-focused methodologies while managing foreign
currency exposure through a variety of hedged, non-hedged and
variably hedged strategies.
Further information about the WisdomTree ETFs can be found
at http://www.wisdomtree.com
Commissions, management fees and expenses all may be
associated with investing in WisdomTree ETFs. Please read the
relevant prospectus, which is available at wisdomtree.com before
investing. WisdomTree ETFs are not guaranteed. Their
values change frequently, and past performance may not be
repeated.
About WisdomTree
WisdomTree Investments, Inc., through its subsidiaries in the
U.S., Europe and Canada (collectively, "WisdomTree"), is an
exchange-traded fund ("ETF") and exchange-traded product ("ETP")
sponsor and asset manager headquartered in New York. WisdomTree offers products covering
equities, fixed income, currencies, commodities and alternative
strategies. WisdomTree currently has approximately US$58.6 billion in assets under management
globally.
About One Capital Management, LLC
Founded in 2001 as an investment management firm, OCM manages
the portfolios of individuals, corporations, pension funds and
foundations in Canada and
the United States. The firm
manages more than US$1 billion in
assets. OCM is headquartered in Westlake
Village, California, and is registered as an Investment
Advisor with the U.S. Securities and Exchange Commission and as a
Portfolio Manager in the following provinces: Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British
Columbia, Nova Scotia. The
head office and principal place of business of OCM is located at
3075 Townsgate Road, Suite 350, Westlake
Village, California, USA, 91361.
SOURCE WisdomTree Asset Management Canada, Inc.