SOURCE: Questrade Wealth Management Inc.

Questrade Wealth Management

September 25, 2015 07:30 ET

Questrade Launches Actively-Managed Global Equity ETF as Part of Its Family of Smart ETFs

TORONTO, ON--(Marketwired - September 25, 2015) - Questrade Wealth Management Inc. is pleased to announce the launch of Questrade Global Total Equity ETF on the Toronto Stock Exchange (TSX). The ETF begins trading today under the symbol QGE and is part of the family of Questrade Smart ETFs™.

Developed and managed by Questrade’s team of portfolio managers, the sub-advisor for QGE is California-based One Capital Management, LLC. The global investment management firm provides portfolio and wealth management services to individuals, pensions, and corporations.

QGE combines a top-down approach analyzing global economic trends with a bottom-up strategy that determines the equities best suited to capitalize on those trends. This creates a unique actively-managed ETF with a long-term strategic view reinforced by opportunistic short-term tactics.

Edward Kholodenko, President and CEO of Questrade Financial Group, says: “Actively managed ETFs give investors the best of both worlds: strategic investment leadership and low fees. Questrade is committed to delivering real value and choice to investors. With the listing of QGE today, I have every confidence that we are living up to that commitment.”

“The beauty of actively managed ETFs is they are designed to go beyond basic index investing,” says John Youn, Executive Managing Director, ETFs & Global Structured Products at Questrade. “By applying a disciplined approach, actively managed ETFs provide investors and advisors all the advantages of having an institutional style of investment management.”

Questrade Global Total Equity ETF (QGE) joins Questrade Fixed Income Core Plus ETF (QCP), also listed today, and six ETFs launched in March, as part of the growing family of Questrade Smart ETFs™.

Questrade Smart ETFs are available to all investors through their brokers, investment advisors, as well as through their affiliated online brokerage, Questrade, Inc.

This announcement of Questrade Smart ETFs on the TSX completes the initial public offering of units pursuant to a prospectus dated September 9, 2015.

Questrade, Inc. is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund.

About Questrade Financial Group Inc.:

Questrade Financial Group Inc. ("QFG") and its affiliated companies provide financial products and services to Canadians including securities, foreign currency, investment and wealth management. In 2014, Questrade's CEO was named as EY Entrepreneur of the Year (Ontario) in the services category, and since 2011, Questrade has been ranked one of Canada's Best Managed Companies. Questrade Financial Group is headquartered in Toronto.

About Questrade Wealth Management:

Questrade Wealth Management Inc. (“QWM”) provides managed accounts through Portfolio IQ, an ultra low-cost, customized investment service. QWM manages and issues the QWM family of exchange traded funds.

Questrade Smart ETFs is a registered trademark licensed to QWM. Questrade, Inc. and Questrade Wealth Management Inc. are wholly owned subsidiaries of Questrade Financial Group Inc.

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Contact Information

  • For more information, please contact:
    Lynn Suderman
    Director, Communications
    Tel: 416.705.5476