First Asset Enhanced Government Bond ETF Actively Managed by Marret Asset Management
First Asset Investment Management announced that First Asset Enhanced Government Bond ETF has closed the initial offering of its two classes of units and the Units will commence trading today on the Toronto Stock Exchange. The Common Units will trade on the TSX under the ticker symbol FGO, and the US$ Common Units will trade on the TSX under the ticker symbol FGO.U. The ETF's investment objective is to provide long-term total returns through interest income and capital appreciation. The ETF will primarily invest in government debt, but may also invest in other debt instruments across the credit spectrum including cash, corporate debt, and debt and credit derivatives.