Yorkville ETF Advisors offered its own passive fund in the form of the Yorkville High Income Infrastructure MLP ETF (YMLI), which provides exposure to infrastructure master limited partnerships via the Solactive High Income Infrastructure MLP Index.
According to the firm, master limited partnerships (MLPs) are an expanding segment of the energy industry as demand for pipelines, storage and processing systems develop to accommodate rising U.S. energy production.
"Infrastructure MLPs provide investors with a potential source of high income and distribution growth in a yield-starved environment," asserts Darren Schuringa, managing partner of Yorkville ETF Advisors.
Also on the passive front, Invesco PowerShares Capital Management expanded its low volatility suite of ETFs with strategies covering the US mid-cap and small-cap segments. The new ETFs,PowerShares S&P MidCap Low Volatility Portfolio (XMLV) and PowerShares S&P SmallCap Low Volatility Portfolio (XSLV) will track the S&P MidCap 400 Low Volatility Index and the S&P SmallCap 600 Index's least-volatile stocks, respectively.
"Investors continue to embrace low-volatility ETF strategies as a simple and effective way to maintain equity exposure while mitigating overall portfolio risk," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "The two new PowerShares ETFs will provide investors with convenient access to low volatility strategies covering the US mid-cap and small-cap segments."
Quite a week and it's only February.