WisdomTree Canada has launched a new exchange-traded fund that invests in a portfolio consisting of investment grade North American fixed income securities. ONE North American Core Plus Bond ETF began trading Oct. 12 on the Toronto Stock Exchange under the ticker symbol ONEB.
The fund, which is advised by One Capital Management, is actively managed. The management fee 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.