AI-Powered Equity ETF Launches on NYSE Arca: Portfolio Products

BondWave, a leading financial technology firm focused on fixed income solutions, launcedh EffiTM, its new engine for fixed income.

Effi is a comprehensive and intuitive fixed income data warehouse platform bringing unbiased insight, transparency and intelligent solutions to the fixed income marketplace.

Designed to provide the same simplicity that users of Amazon and other consumer-oriented services have come to expect, Effi brings a similar ease of access for traders, advisors and investors to find the right bond among the universe of over 3 million active CUSIPs, according to BondWave. Users can access to a host of valuable fixed income data sets and tools on a single platform offering an evolving range of modular fixed income solution and workflow efficiencies.

Effi enables fixed income traders, advisors and investors to monitor and service accounts, identify and communicate trade ideas, and support client interactions. Users can access  a host of valuable fixed income data sets and tools, providing unparalleled context and workflow efficiencies.

Virtus Launches Global Factor Opportunities ETF

Virtus ETF Solutions, an affiliate of Virtus Investment Partners, Inc., introduced a global multi-factor ETF – the Virtus WMC Global Factor Opportunities ETF (VGFO), which seeks to outperform the MSCI All Country World Index.

VGFO employs a multi-factor approach based on quantitative and qualitative research and analysis. It seeks to identify investment opportunities by region and, within each region, allocate the fund's assets to equity securities it believes share complementary factors.

The ETF invests primarily in equity securities of U.S. and foreign issuers, including emerging markets issuers, of any market capitalization. The fund is subadvised by Wellington Management Company LLP.

Capital Impact Partners Launches Fixed Income Notes to Support Underserved U.S. Communities

Capital Impact Partners announced an offering of up to $100 million of 'AA' rated fixed-income Capital Impact Investment Notes (Notes) that allows retail and institutional investors the opportunity to invest in the mission-driven organization's nationwide efforts to create social impact for underserved communities.

Capital Impact is a non-profit corporation, certified by the U.S. Department of Treasury's Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI).  Investors can earn a financial, as well as a social, return on their investments. 

Available for as low as $1,000,the Notes can be purchased by individual and institutional investors through their brokerage accounts. Th Investors can earn a financial, as well as a social, return on their investments. They are available at fixed interest rates with maturities that range from 1-10 years through Incapital LLC, a leading underwriter and distributor of securities. S&P Global assigned the Notes an 'AA' rating on September 7.

Capital Impact will use proceeds from the issuance primarily to support projects focused in the healthcare, education, affordable housing and community development sectors in underserved communities nationwide. These efforts are part of Capital Impact's work to foster good health, job creation and economic development.

The prospectus, pricing supplements and information about how to invest will be available to the public on Capital Impact's website and to financial professionals through Incapital's LegacyTM platform, which offers products to investors that align financial goals with personal principles through values-based investing.

New Fund Targets Large, Late-Stage Venture-Backed "Unicorns"

Endowment Wealth Management, Inc. launched the EWM Unicorn Technology Fund, a private fund iseeking to raise up to $25 million to capitalize on opportunities in the secondary market for private, late-stage venture capital technology companies, which are often referred to as unicorns due to their rarity and size.

The Fund manager will seek to build a diversified portfolio of companies that it believes may experience a liquidity event in the next two to four years.

The Unicorn Technology Fund is currently fully invested across six such companies and the manager intends to add additional investments as the Fund grows and is available only to  accredited investors meeting certain income and net worth requirements.

–Check out Change Finance Launches Impact Investing ETF: Portfolio Products on ThinkAdvisor.