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Other - DECEMBER 1, 2023

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Macquarie Asset Management launches three U.S. ETFs

by Andrea Zander

The Australian financial services firm Macquarie Asset Management launched its first three U.S.-listed exchange-traded funds (ETFs).

The actively managed ETFs — the Macquarie Global Listed Infrastructure ETF, the Macquarie Energy Transition ETF and the Macquarie Tax-Free USA Short Term ETF — are trading on the NYSE Arca exchange.

The Macquarie Global Listed Infrastructure ETF (NYSE Arca: BILD) seeks capital growth and income through opportunities in global infrastructure.

The Macquarie Energy Transition ETF (NYSE Arca: PWER) focuses on identifying responsible energy producers and transition enablers in lowering greenhouse-gas emissions.

The Macquarie Tax-Free USA Short Term ETF (NYSE Arca: STAX) seeks attractive levels of federal tax-exempt income.

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