ETF Week: 3 Active Bond Funds Debut
It was a busy holiday week.
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The shortened week had a lot of activity packed into it, with Franklin Templeton rolling out a trio of actively managed bond ETFs, while Hartford added an active bond fund of its own. Meanwhile, Global X filed for three products that will offer alternatives to existing products.
Below is a roundup of the key events in the ETF space during the week of May 29:
Launches
- Franklin Templeton launched three actively managed bond ETFs that cover high-yield debt, non-U.S. fixed-income securities and senior loans
- Hartford Funds debuted a short-duration bond ETF that relies on active management
Filings
- Global X outlined plans for two thematic funds driven by artificial intelligence that will cover the genomics and e-commerce spaces; the issuer is also looking to launch its own dynamic multifactor ETF
Contact Heather Bell at [email protected]
