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Will ANTs spoil Mutual Funds' Picnic?


By Grant Engelbart, CFA, CAIA – Senior Portfolio Manager
Just what the world needs, more acronyms. While there isn’t yet an industry-agreed upon term, the active non-transparent (ANT) ETF structure is fresh and new. Non-transparent Active (NTA) might flow better, but it’s not as fun. Either way, the ETF industry has been waiting for some time for the launch of these specific type of ETF after the launch of the Exchange-Traded Managed Fund (ETMF) to limited success in 2014. Let’s look at why or why not these could be game changers in the industry (ETF 2.0 as some call it) and then examine the current structures and products. ....

Dimensional Fund Advisors , Exchange Traded Managed Fund , Fund Advisors , Exchange Traded Funds , Mo Ney , Stock Market , Cls Investments , Etf Strategist Channel , பரிமாற்றம் வர்த்தகம் செய்யப்பட்டது நிர்வகிக்கப்பட்டது நிதி , பரிமாற்றம் வர்த்தகம் செய்யப்பட்டது நிதி , ஸ்டாக் சந்தை , கிளாஸ் முதலீடுகள் , எட்டப் மூலோபாயவாதி சேனல் ,