Exchange-traded mutual funds, also known as ETMFs, are financial products structured to trade during the day on an NAV-based pricing system at settlement. This is different from the real-time, intraday pricing that prevails on ETFs. Some market participants consider that the ETMF structure may provide an influx of active management to the space.
New research from ALPS surveys the space.
After eight years, active management in an ETF wrapper remains a tough sell.
Newly launched fund structure brings with it some hurdles for advisors and investors.
The new exchange-traded managed fund structure lists on Nasdaq this week.
Expect to see Eaton Vance’s version of ETFs begin trading in February.
Eaton Vance’s 18 ETFs in registration declared effective by SEC; will launch in early 2016.
Envestnet will include NextShares on its wealth management platform.
