Capital Group Canada announced it has launched a series of exchange traded funds (ETFs) on the Toronto Stock Exchange.
Athanasios Psarofagis, ETF analyst of Bloomberg Intelligence, joins BNN Bloomberg and talks about Bond ETFs see recovery in performance.
“Our new suite of ETFs provides one more way for investors to access our active management capabilities in the vehicle they want – whether through mutual funds or ETFs,” Rick Headrick, president of Capital Group Canada, said in the press release. According to the release, the group of products includes Capital Group Global Equity Select ETF, Capital Group International Equity Select ETF, Capital Group Multi-Sector Income Select ETF and Capital Group Multi-Sector Income Select ETF.
According to the release, the Capital Group Multi-Sector Income Select ETF invests in a broad range of bonds and other debt securities, while the Capital Group World Bond Select ETF mainly invests in bonds and other debts securities of global issuers.
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