SmartBe Launches Debut ETF on NEO

January 31, 2019

TORONTO--(BUSINESS WIRE)--Jan 31, 2019--The NEO Exchange  (“ NEO ”) is proud to welcome SmartBe Wealth Inc. (“SmartBe”) to the NEO family with the launch of their debut fund, the SmartBe Global Value Momentum Trend Index ETF, which began trading on NEO today under the symbol SBEA. The fund seeks to replicate the performance of the Alpha Architect Value Momentum Trend for Canada Index, which invests primarily in Canadian, U.S. and international equity securities and/or Canadian treasury bills based on three factors: value, momentum and trend-following.

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SmartBe Wealth, including Founders Rod Heard, CEO, and Art Johnson, CIO, joined NEO’s Jos Schmitt, President and CEO, and Erik Sloane, Head of Funds & Trading, to open the market to celebrate today’s launch of their debut ETF, the SmartBe Global Value Momentum Trend Index ETF (SBEA), on NEO. (Photo: Business Wire)

“We are proud to launch our premiere product today and excited to introduce Canadian investors to our made-in-Alberta multi-factor, ‘Smart Beta’ approach. Our goal is to improve returns with a combination of both passive and active investing strategies,” said Rod Heard, Founder and Chief Executive Officer, SmartBe. “Our quantitative approach employs robust, rational and repeatable strategies that rely on exclusive, world-leading technology developed by Wes Gray, and the Alpha Architect team. Today’s launch would not be possible without the support we received from NEO, who provide exemplary service and demonstrate outstanding depth of knowledge of the capital-raising and ETF manufacturing process in Canada.”

SmartBe is the first Alberta-based fund manufacturer to list products on NEO and the third fund provider to announce their entry into the Canadian ETF market on the exchange.

“We are thrilled to welcome SmartBe to the NEO family and introduce another new fund provider to the Canadian capital markets, ” said   Jos Schmitt, President and Chief Executive Officer, NEO. “SmartBe’s decision to list their quantitative investment vehicle on our exchange is the latest example of innovators meeting on NEO. We have developed a natural partnership born from common values – transparency, education and a commitment to bringing superior service to our mutual clients.”

The NEO Exchange is now home to seven corporate listings, close to 70 fund listings from thirteen providers, and consistently facilitates approximately over 20 per cent of all Canadian ETF trading volume.  Click here  for a complete view of all NEO-listed securities.

About NEO Exchange NEO Exchange Inc. is the operator of Canada’s next generation stock exchange, putting the needs of investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue for all listed Canadian securities and a value added listings process for capital raising companies and investment products, focused on liquidity, transparency and efficiency. For more information, please visit:  NEOstockexchange.com.

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Adam Bornstein


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SOURCE: NEO Exchange Inc.

Copyright Business Wire 2019.

PUB: 01/31/2019 10:09 AM/DISC: 01/31/2019 10:09 AM


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