Comments on: 5 Obstacles Facing Active ETFs http://investwithanedge.com/5-obstacles-facing-active-etfs Actionable Ideas for Your ETFs, Funds, & Stocks Mon, 15 Mar 2010 08:03:29 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Ron Rowland http://investwithanedge.com/5-obstacles-facing-active-etfs/comment-page-1#comment-3084 Ron Rowland Sun, 12 Jul 2009 13:50:18 +0000 http://investwithanedge.com/?p=5047#comment-3084 So far, GVT is a total bust. I'm not sure what data you are looking at to claim "..the fund has gathered some momentum in recent weeks, and its success was enough for Grail to file for four additional actively-managed ETFs..." Facts: 1) GVT had zero volume 8 of the past 13 market days (zero volume 61% of the time). 2) GVT had zero volume the last week of June 3) GVT traded 100 shares on Wed (7/8) 4) GVT traded zero shares yesterday (7/9) 5) GVT has traded 500 shares (so far) today 6) GVT is not gaining any momentum in either price or volume Grail did not file for more ETFs based on the success of GVT, Grail filed for additional funds despite the failure (so far) of GVT. So far, GVT is a total bust. I’m not sure what data you are looking at to claim “..the fund has gathered some momentum in recent weeks, and its success was enough for Grail to file for four additional actively-managed ETFs…”

Facts:
1) GVT had zero volume 8 of the past 13 market days (zero volume 61% of the time).
2) GVT had zero volume the last week of June
3) GVT traded 100 shares on Wed (7/8)
4) GVT traded zero shares yesterday (7/9)
5) GVT has traded 500 shares (so far) today
6) GVT is not gaining any momentum in either price or volume

Grail did not file for more ETFs based on the success of GVT, Grail filed for additional funds despite the failure (so far) of GVT.

]]> By: Active ETFs: Full Steam Ahead | ETF Database http://investwithanedge.com/5-obstacles-facing-active-etfs/comment-page-1#comment-2983 Active ETFs: Full Steam Ahead | ETF Database Thu, 09 Jul 2009 15:24:34 +0000 http://investwithanedge.com/?p=5047#comment-2983 [...] Earlier this year, Grail Advisors launched the Grail American Beacon Large Cap Value ETF (GVT), the first truly actively-managed ETF (in the sense that it does not rely on proprietary models, but rather affords its managers total discretion in buy and sell decisions). While the initial response to GVT was lukewarm, the fund has gathered some momentum in recent weeks, and its success was enough for Grail to file for four additional actively-managed ETFs, each of which would have a single manager (GVT has three managers in order to address frontrunning issues arising from its disclosure requirements). [...] [...] Earlier this year, Grail Advisors launched the Grail American Beacon Large Cap Value ETF (GVT), the first truly actively-managed ETF (in the sense that it does not rely on proprietary models, but rather affords its managers total discretion in buy and sell decisions). While the initial response to GVT was lukewarm, the fund has gathered some momentum in recent weeks, and its success was enough for Grail to file for four additional actively-managed ETFs, each of which would have a single manager (GVT has three managers in order to address frontrunning issues arising from its disclosure requirements). [...]

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