Horizons ETFs Management Canada Inc. has filed a preliminary prospectus to launch the Junior Marijuana Growers Index ETF, which includes companies with operations in the U.S.
Everyone talks about cost and tax advantages, but advisors said the primary driver for them using exchange traded funds is really the underlying index.
“We are headed for a period where there will be increased volatility for risk assets. When we see a period like that, we see ETFs benefit afterward,” says Guggenheim’s William Belden.