ETF Week: Sept Closures Surge
Plus a wealth of launches for the week.
Loading
Below is a roundup of key developments in the ETF space during the week started Sept. 3, 2017:
Launches
- Goldman Sachs unveils a low-cost, smart-beta, high-yield bond ETF that will compete with the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and the SPDR Bloomberg Barclays High Yield Bond ETF (JNK).
- First-time issuer Main Management launches an actively managed sector-rotation ETF-of-ETFs.
- PIMCO debuts three dynamic multifactor funds targeting the U.S., developed markets and emerging markets.
- Franklin Templeton rolls out two actively managed municipal bond ETFs.
- Point Bridge launches the first ETF to target companies based on their right-wing political leanings.
- New KraneShares ETF seeks to benefit from China's infrastructure plans.
Closures
- With the latest announcement from VanEck, a total of 42 closures are set to be completed by the end of September, breaking the August 2016 record.
- Elkhorn Investments, recently acquired by Turner Investments, will close its nine midcap sector funds.
And don’t forget our lists of launches, closures and filings.
Contact Heather Bell at [email protected]
