First Trust To Move Into Active
February 03, 2010 9:40 am
|
First Trust is taking steps to launch two actively managed international ETFs, joining the parade of companies looking to enter the ETF market. According to a new prospectus filed with the Securities and Exchange Commission, the new funds will be:
The naming convention may confuse investors familiar with First Trust's broader ETF portfolio. The company offers a series of ETFs under the "AlphaDEX" banner that track quantitatively driven indexes. These new funds, however, will not hew to any particular index, but rather follow an active strategy driven "primarily" by a quantitative process. The developed markets fund will invest in the U.S., Japan, Hong Kong, Western Europe, Canada, New Zealand and Australia, among other countries. Some 300 securities will comprise the portfolio, which will be rebalanced quarterly. For the emerging markets basket, 150 names will be picked, and First Trust will determine what countries warrant representation in the portfolio based on growth and value factors, as well as liquidity. First Trust Advisors will be the adviser for the funds. You can read the prospectus here.
|
-
June 21, 2010
First Hancock ETF To Be A Global Balanced Fund John Hancock says its first ETF will be a global balanced fund and, departing from what it said previously, won't be using derivatives after all. -
June 09, 2010
Van Eck Raises Stakes With Fee Cuts
48 Zombie ETFs
You are right, Dave, that some small ETFs can be late bloomers, attracting significant assets after months or years of gathering dust.
Bringing Light Into The ETF Darkness
Sometimes it takes a big flashlight to illuminate something as murky as ETF spreads.
|
|
|
|
RAFI Bonds, Big Data & Fees
Dave Nadig and Matt Hougan dissect the July ETF flows data, parse the new RAFI bond ETF and whinge about the SEC's inaction on 12b-1 fees. See All
