TORONTO, Aug. 10, 2023 /CNW/ – Forstrong Global Asset Management Inc. (“Forstrong“) is pleased to announce the introduction and launch of their suite of actively managed and internationally-focused exchange-traded funds (“ETFs“). These four new ETFs have closed their initial offering of units and will begin trading on the Toronto Stock Exchange (“TSX”) today when the market opens this morning:

Forstrong Global Ex-North America Equity ETF – ETF Class (TSX: FINE) This ETF aims to achieve long-term capital growth by primarily investing, directly or indirectly, in a diversified mix of global ex-North America equity securities. This ETF uses a top-down equity strategy to identify changes in country fundamentals, politics or regulations, currency trends, investor settlements or a combination of these factors, and is designed to complement traditional bottom-up North America focused portfolios.

Forstrong Emerging Markets Equity ETF – ETF Class (TSX: FEME) This ETF aims to achieve long-term capital growth by primarily investing, directly or indirectly, in a diversified mix of emerging markets equity securities. This ETF uses a targeted approach to identifying emerging countries with an attractive combination of demographics, policy, earnings trends and political stability.

Forstrong Global Income ETF – ETF Class (TSX: FINC) This ETF aims to generate modest capital appreciation by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities. This ETF is intended for investors seeking to grow their capital over the long-term with an emphasis on receiving income, while providing better diversification characteristics than portfolios that are focused exclusively on North America.

Forstrong Global Growth ETF – ETF Class (TSX: FGRW) This ETF aims to achieve long-term capital growth and modest income by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities. This ETF is intended for investors seeking to grow their capital over the long-term while receiving modest income and providing them access to growing regions of the world.

These ETFs have been designed to take advantage of Forstrong’s distinct macro views and will invest using the same strategies that have been used in connection with the firm’s institutional and high net-worth clients to help them manage risk and returns. “We have launched these new ETFs to provide Canadian investors with greater access to the higher income and growth opportunities available around the globe. We believe that active management will be crucial to capture the pockets of opportunities within countries, sectors and themes.” said Tyler Mordy, Chief Executive Officer and Chief Investment Officer of Forstrong.

Founded in 2001, Forstrong is a trusted global macro investment manager with specialized international expertise. Our active macro investment process is used by the firm’s clients to meet the challenges of today’s new economic and geopolitical realities. Forstrong is an independently owned firm with offices in Toronto, Montreal, Calgary and Kelowna.

Forstrong Global® and the Forstrong Global® logo are trademarks or registered trademarks of Forstrong Global Asset Management Inc. in Canada, the United States, and other countries.

Management fees, brokerage fees and expenses all may be associated with investing in ETFs. Please read the prospectus, which contains detailed investment information, before investing. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. ETFs units are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on the TSX or another exchange or marketplace and may only be bought and sold through licensed dealers. Brokerage commissions will reduce returns. There can be no assurance that ETF units will trade at prices that reflect their net asset value per unit. If ETF units are purchased or sold on the TSX or another exchange or marketplace, investors may pay more than the current net asset value when buying units of an ETF and may receive less than the current net asset value when selling them. There can be no assurance that an active public market for ETF units will develop or be sustained. There is no guarantee that the ETFs will achieve their stated objectives and there are risks involved in investing in the ETFs. Before investing you should read the prospectus or relevant ETF Facts and carefully consider, among other things, each ETF’s investment objective, risks, charges and expenses. A copy of the prospectus and ETF Facts of each ETF is available at www.forstrongetfs.com or www.sedarplus.com .

Certain statements may constitute a forward-looking statement within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. The forward-looking statements are not historical facts but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and we do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to U.S. news wire services.

For further information please visit www.forstrongetfs.com or contact us at [email protected] or 1-888-419-6715.

SOURCE Forstrong Global Asset Managment