##  [# ETF Week: UN Fund Debuts; PutWrite Filings](/sections/daily-etf-watch/etf-week-un-fund-debuts-putwrite-filings) 

 

# ETF Week: UN Fund Debuts; PutWrite Filings

 

 

Impact Shares launched a fund based on UN standards, while WisdomTree looked to expand its put-write family.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Sep 28, 2018

 Edited by: ETF.com Staff

 

 

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Perhaps the biggest news this week was the launch of Impact Shares’ third socially responsible ETF; this one is based on standards put forth by the United Nations. UBS rolled out a new ETN offering monthly leverage, and Prudential’s PGIM unit debuted its second ETF, another actively managed bond fund. WisdomTree filed for a family of put-write ETFs, while KraneShares plans to launch a China-focused Robotics ETF. And the CFTC made an important announcement about bitcoin.

Below is roundup of the key developments in the ETF industry for the week starting Sept. 24, 2018:

**Impact Shares Debuts 3rd ETF**

Socially responsible-focused issuer Impact Shares has rolled out its third ETF on Monday. The firm partnered with the United Nations Capital Development Fund to bring the [Impact Shares Sustainable Development Goals Global Equity ETF (SDGA)](https://www.sec.gov/Archives/edgar/data/1722388/000119312518277491/d615955d497.htm) to market. The fund comes with an expense ratio of 0.76% and tracks an index provided by Morningstar. Impact Shares has also launched funds in partnership with the NAACP and the YWCA (read: [UN-Based Socially Responsible ETF Debuts](https://www.etf.com/sections/daily-etf-watch/un-based-socially-responsible-etf-debuts-0)).

**Prudential’s PGIM Launches Bond Fund**

On Thursday, Prudential’s PGIM Investments unit rolled out its second ETF, an actively managed junk bond fund. The [PGIM Active High Yield Bond ETF (PHYL)](https://www.sec.gov/Archives/edgar/data/1727074/000006759018001454/phyl485b.htm) invests in government and corporate debt issued by U.S. and non-U.S. entities. PHYL comes with an expense ratio of 0.53% (read: [Active Junk Bond ETF Launches](https://www.etf.com/sections/daily-etf-watch/active-junk-bond-etf-launches)).

**WisdomTree Plans Put-Write Family**

A recent flurry of filings from [WisdomTree](https://www.etf.com/topics/wisdomtree-etfs) outlines the issuer’s plans for a full family of ETFs that offer exposure to put-write options strategies. The funds WisdomTree is looking to add to its lineup include:

- [WisdomTree High Yield Corporate Bond PutWrite Strategy Fund](https://www.sec.gov/Archives/edgar/data/1350487/000119312518277568/d541385d485apos.htm)
- [WisdomTree Long-Term Treasury PutWrite Strategy Fund](https://www.sec.gov/Archives/edgar/data/1350487/000119312518277565/d614330d485apos.htm)
- [WisdomTree International PutWrite Strategy Fund](https://www.sec.gov/Archives/edgar/data/1350487/000119312518277560/d627283d485apos.htm)
- [WisdomTree Emerging Markets PutWrite Strategy Fund](https://www.sec.gov/Archives/edgar/data/1350487/000119312518277554/d627271d485apos.htm)

The four proposed funds are actively managed and simply look to earn premiums by selling put options on ETFs covering their respective asset classes (read: [PutWrite ETF Family Planned](https://www.etf.com/sections/daily-etf-watch/putwrite-etf-family-planned)).

**4 Closures Round Out September**

Four ETFs saw their last day of trading on Monday, with another shutdown planned for Oct. 1.

The three funds issued by [Direxion](https://www.etf.com/topics/direxion-etfs) that closed on Monday include:

- [Direxion Daily Silver Miners Index Bull 2X Shares (SHNY)](https://www.etf.com/shny)
- [Direxion Daily Emerging Markets Bond Bull 3X Shares (EMBU)](https://www.etf.com/embu)
- [PortfolioPlus Total Bond Market ETF (PPTB)](https://www.etf.com/pptb)

Meanwhile, CSOP shut down the [CSOP China CSI 300 A-H Dynamic ETF (HAHA)](https://www.etf.com/haha) the same day, and the [AdvisorShares KIM Korea Equity ETF (KOR)](https://www.etf.com/kor) is set to close Monday, Oct. 1. The year-to-date number of closures is close to surpassing last year’s record of 138 shutdowns, with a full quarter still remaining to 2018 (read: [Another Wave Of ETF Closures](https://www.etf.com/sections/daily-etf-watch/another-wave-etf-closures)).

**UBS Adds To Leveraged ETN Lineup**  
 On Wednesday, UBS rolled out another leveraged ETN under its [ETRACS](https://www.etf.com/topics/Etracs-etfs) brand. The [ETRACS 2xMonthly Pay Leveraged Preferred Stock ETN (PFFL)](https://www.sec.gov/Archives/edgar/data/1114446/000119312518282651/d621835d424b2.htm) offers investors twice the monthly return of the Solactive Preferred Stock ETF Index and is set to mature on Sept. 25, 2048. The fund charges an expense ratio of 0.85% and tracks an index of two equally weighted preferred stock ETFs (read: [Leveraged Preferred Stock ETN Debuts](https://www.etf.com/sections/daily-etf-watch/leveraged-preferred-stock-etn-debuts)).

**KraneShares Files For China Robotics ETF**  
 KraneShares has filed for an ETF that will target companies likely to benefit from the growth of artificial intelligence and robotics technologies. The [KraneShares Robotics and Artificial Intelligence Index ETF (KBOT)](https://www.sec.gov/Archives/edgar/data/1547576/000161577418009840/s112813_485apos.htm) will invest in companies that generate at least 20% of their revenues from mainland China, no matter where they are actually domiciled or incorporated (read: [New China Robotics ETF Filed](https://www.etf.com/sections/daily-etf-watch/new-airobotics-etf-filed-china-twist)).

**CFTC Makes Bitcoin Decision**  
 The long debate over what bitcoin actually is from a regulatory perspective—a currency, a commodity or a security—is finally over. The U.S. Commodity Futures Trading Commission officially called bitcoin a commodity, which means it’s essentially claiming it under its umbrella (read: [CFTC’s Bitcoin Commodity Ruling &amp; ETFs](https://www.etf.com/sections/features-and-news/cftcs-bitcoin-commodity-ruling-etfs)).

*Contact Heather Bell at <hbell@etf.com>*



 

 

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 Related Topics  [Socially Responsible](http://www.etf.com/topics/socially-responsible) 

 [Junk Bond](http://www.etf.com/topics/junk-bond) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

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