Dynamic Funds, a division of 1832 Asset Management LP, and Black Rock Asset Management Canada Ltd., both based in Toronto, have launched three new actively managed ETFs on Wednesday that focus on tactical fixed-income, U.S. mid-capitalization equities and global financial services, respectively.

"We are pleased to expand the Dynamic iShares Active ETF lineup into other areas of the market where we believe active management can generate a discerning and differentiated investment outcome for investors," says Mark Brisley, managing director of Dynamic Funds. "Since our partnership with BlackRock Canada began earlier this year, we continue to hear from a growing number of financial advisors who value the unique benefits that active ETFs can bring to client portfolios."

The following three ETFs are now listed on the Toronto Stock Exchange:

> Dynamic iShares Active Tactical Bond ETF, which aims to provide interest income and long-term capital growth by investing in a diversified portfolio of mainly North American fixed-income securities. The ETF will offer exposure to an active investment strategy managed by Christine Horoyski.

> Dynamic iShares Active U.S. Mid-Cap ETF, which pursues long-term capital growth by investing in mid-cap U.S. equities. The ETF will give exposure to an active investment strategy managed by Tom Dicker and Steven Hall.

> Dynamic iShares Active Global Financial Services ETF, which seeks to deliver long-term capital growth by investing primarily in equities of companies globally — including a U.S. focus — involved in the financial services or financial technology sectors. The ETF will give exposure to an active management strategy managed by Yassen Dimitrov.

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