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Interest in space-related investments takes off with new ETFs


Interest in space-related investments takes off with new ETFs
Gillian Livingston
Published April 13, 2021
A model of the Orion capsule, which will be tasked with the mission of delivering NASA astronauts to the Moon in 2024 and to Mars at a future date. Orion is manufactured by Lockheed Martin, which is included in several space-focused ETFs. (Photo by Jason Connolly / AFP) JASON CONNOLLY/AFP/Getty Images
JASON CONNOLLY/AFP/Getty Images
Space may be “the final frontier,” but it’s becoming easier for financial advisors and their clients to invest in humankind’s desire to explore beyond Earth’s atmosphere.
Three new exchange-traded funds (ETFs) focused on investing in space-oriented equities have launched in the past few weeks. The first was ARK Space Exploration & Innovation ETF ARKX-A from New York-based ARK Investment Management LLC, led by Catherine Wood. It started trading on March 30 and already has US$351-million in assets under management ....

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The Most Shorted Stocks in Canada


The Morningstar Star Rating for Stocks is assigned based on an analyst s estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock s fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn t. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail informa ....

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The 10 Biggest IPOs of 2020


Editor’s note:Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.
Most companies that went public this year faced tremendous uncertainty. But those that braved the tumultuous conditions were rewarded with a perfect storm of demand. According to PitchBook, as of Dec. 14, there were 1,291 initial public offerings completed worldwide, raising around USD 331.47 billion. Though the number of deals are in line with previous years, the amount of capital raised was higher.
Notably, a group of giants 10 of them alone now make up almost half a trillion in market cap.
Investing Is a Marathon, Not a Sprint ....

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Eight online retail ETFs to bet on this holiday season


The Globe and Mail
GILLIAN LIVINGSTON
Published December 10, 2020
Bet Noire/iStockPhoto / Getty Images
The COVID-19 pandemic threw new challenges at retailers in 2020, with mandated closures of physical stores accelerating the shift to online shopping, creating opportunities for investors in e-commerce exchange-traded funds.
Many e-commerce ETFs have doubled so far this year and, with the retail industry’s crucial holiday shopping season in full swing, investors are wondering if there are more sector gains ahead.
The National Retail Federation in the U.S. is forecasting holiday spending to increase between 3.6 per cent and 5.2 per cent to between US$755.3-billion and US$766.7-billion this year. That compares with an average of 3.5 per cent over the past five years. The numbers include online sales, which are expected to grow between 20 per cent and 30 per cent to between $202.5-billion and $218.4-billion. ....

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