ETF Week: New Active Alts ETF; Global X Closures
Newcomer rolls out an actively managed diversified alternatives fund, while Global X announces closure of seven of its ETFs.
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Below is a roundup of key developments in the ETF space during the week started Sept. 25, 2017:
Launches
- Newcomer debuts a diversified active alternatives fund covering a wide range of investments and strategies
- PowerShares adds to its plain-vanilla PureBeta lineup with an aggregate bond fund
- Hartford Funds launches a lower-cost actively managed core bond ETF
- Guggenheim grows its BulletShares family with addition of two more funds
Closures
- Global X will shutter seven ETFs.
- USCF Advisers is closing down its two remaining equity funds
Filings
- Another firm has filed for a “biblically responsible” ETF
- CBOE Vest files for a covered-call ETF based on a dividend index
And don’t forget our lists of launches, closures and filings.
Contact Heather Bell at [email protected]
