ETFs

A combination of GLD’s higher fees and an almost relentless demand for the yellow metal have catapulted it from fourth on the revenue leader board in 2017.

Trading under the ticker EFIV, the fund will exclude companies involved with tobacco-related products and weapons.

An iShares ETF investing in companies it says has “positive environmental, social and governance characteristics” has more than tripled gains of the S&P 500.

If approved, the firm would be able to issue its own ETFs, although they haven’t registered any individual funds yet.

There has been increased demand for havens amid a resurgence in coronavirus cases, flaring political tensions and a weaker dollar.

“No one could have envisioned what this virus was going to do to the commercial real estate space,” an expert says.

Using machine-learning algorithms, the firm's $106 billion systematic active equity group researches social media pages and online job postings to build portfolios.

Investors may be put off by the costs associated with these funds, which had an average expense ratio of more than triple their peers.

A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.

Some of the industry’s biggest players are taking a wait-and-see approach as active, non-transparent funds take their crucial first steps.