ETF Week: iShares, Deutsche Launch Funds
Also, a new Select Sector SPDR fund has been put into registration.
There were a handful of launches this week, including a brand-new active fund from a newcomer to the ETF space. Below is a roundup of launches and filings in the ETF space during the week of April 2, 2018:
Launches
- iShares rolled out a U.S. infrastructure fund alongside a “K-1 Free” commodity ETF
- Newcomer Little Harbor launched an actively managed fund driven by artificial intelligence
- Deutsche Asset management debuted a smart-beta factor ETF targeting quality and value
- Goldman Sachs unveiled a leveraged large-cap U.S. ETN, likely designed for Fisher Investments
Filings
- State Street Global Advisors filed for another Select Sector SPDR Fund in response to changes to the Global Industry Classification Standard
- FlexShares plans “Value-Scored” high-yield bond ETF
Closure
- Amplify Investments announced the impending closure of the Amplify YieldShares Oil Hedged MLP Income ETF (AMLX)
Contact Heather Bell at [email protected]