Le Lézard
Classified in: Business
Subject: MUTUAL FUNDS

SmartBe Wealth Inc. announces risk rating changes for SmartBe ETFs


CALGARY, Alberta, March 19, 2021 (GLOBE NEWSWIRE) -- SmartBe Wealth Inc. ("SmartBe") announces that, effective today, it has made risk rating changes for the following exchange-traded funds (collectively, the "ETFs"):

ETFPrevious Risk RatingNew Risk Rating
SmartBe Canadian Quantitative Momentum Index ETFMedium to HighMedium
SmartBe Canadian Quantitative Value Index ETFMedium to HighMedium
SmartBe U.S. Quantitative Momentum Index ETFMedium to HighMedium
SmartBe U.S. Quantitative Value Index ETFMedium to HighMedium

These changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. These changes are the result of SmartBe adopting new reference indices for determining the ETFs' risk classification, and are not the result of any changes to the investment objectives, strategies or management of the ETFs.

About SmartBe
SmartBe Wealth Inc. is a wealth management firm and the manager of exchange-traded funds. The company partners with international and academically published index providers to construct and deliver Canadian exchange-traded funds for widespread public distribution. SmartBe is dedicated to bringing new quantitative approaches to Canadian investors interested in affordable alternatives to sophisticated investment strategies. Further information can be found at www.smartbewealth.com.

Contact Information
SmartBe Wealth Inc.
Suite 680, 330 5th Ave SW
Calgary, Alberta, T2P 0L4
Attention: Cecilia Chen
403 930 8688
[email protected]
www.smartbewealth.com



These press releases may also interest you

at 18:40
Crew Energy Announces Q1 2024 Results Highlighted by a 61% AFF Margin and a 20% Increase in Condensate Production
Crew Energy Inc. ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia ("NE BC"), is pleased to announce our operating and financial results for the...

at 18:39
MEDIA ADVISORY - GOVERNMENTS OF CANADA, QUEBEC, AND THE CITY OF BEAUHARNOIS TO MAKE A HOUSING-RELATED ANNOUNCEMENT IN BEAUHARNOIS
Media are invited to join Brenda Shanahan, Member of Parliament for Châteauguay?Lacolle, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, Claude Reid, MNA for Beauharnois and Alain Dubuc, Mayor of...

at 18:38
Life360 reports Q1 2024 results
San Francisco area-based Life360, Inc. (Life360 or the Company) today reported unaudited financial results for the quarter ended March 31, 2024. Life360 Co-founder and Chief Executive Officer Chris Hulls said: "Life360's Q1'24 results showed...

at 18:32
Center for Lyme Action and Generation Lyme Create Community Partnership to Empower Lyme and Tick-borne Disease Advocates
Center for Lyme Action (CLA) and Generation Lyme are pleased to announce a new Community Partnership to leverage each nonprofit organization's distinct resources to support current and future Lyme disease advocates. This collaboration marks a...

at 18:25
Mount Logan Capital Inc. Announces First Quarter 2024 Financial Results
Increased Ability's total assets managed by Mount Logan to $617 million and reinsured an additional $39 million Multi-Year Guaranteed Annuities during the quarter Generated $9.5 million of insurance segment Spread Related Earnings ("SRE") for the...

at 18:25
Power Corporation Announces Election of Directors
In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 20, 2024 were elected as its Directors. The...

More news about Business...


News published on and distributed by: