Complete List of 27 Actively Managed ETFs

ETFs first arrived on the US market in 1993. Actively managed ETFs did not arrive until 15 years later in 2008. Actively managed ETFs will celebrate their second birthday later this week on March 25, 2010. As of today, there have been a total of 27 actively managed ETFs launched in the US. The first…

PIMCO Adds Short-Term Munis to ETF Menu: SMMU

Fixed-income giant PIMCO launched its third actively-managed ETF on Wednesday (2/3/2010) of this week. PIMCO Short Term Municipal Bond Strategy Fund (SMMU) targets the short end of the tax-free muni bond space. Maturity of the fund’s holdings will be in the one-year to three-year range. Intentionally…

GMMB, GMTB: New Grail Active Bond ETFs Now Available

Grail Advisors took another stab at the actively-managed ETF space with the launch on January 29 of Grail McDonnell Intermediate Municipal Bond ETF (GMMB) and Grail McDonnell Core Taxable Bond ETF (GMTB) on the NYSE. Both had very light volume in their first public session. Actively-managed exchange-traded…

MINT: A Conservative Way to Stash Cash

Investors are often conditioned to believe that cash is king, or that it is at least a good idea to keep some of your assets in cash to preserve your portfolio’s liquidity. After all, emergencies and unforeseen expenses happen. While this all makes sense, most cash investments offer meager rates…

PIMCO Offers New Active Bond ETF: MUNI

Today (12/1/2009) bond giant PIMCO launched its second actively-managed fixed-income ETF. PIMCO Intermediate Municipal Bond Strategy Fund (MUNI) focuses on high-quality tax-free bonds issued by state and local governments at the intermediate maturity level. PIMCO appears to be intent on cracking the…

Three New ETFs on Tuesday: MNA MINT BAB

Three sponsors launched new ETFs on Tuesday 11/17/09, making for 97 (93 ETFs and 4 ETNs) new exchange-traded product listings so far this year. The three new funds are the IQ ARB Merger Arbitrage ETF (MNA), PIMCO Enhanced Short Maturity Strategy Fund (MINT), and PowerShares Build America Bonds Portfolio…

iShares Launches Its First Alpha Seeking ETF

The iShares Diversified Alternative Trust (ALT), a new multi-asset class multi-strategy ETF was launched yesterday (11/16/2009). Its stated objective is “to maximize absolute returns from investments with historically low correlation to traditional asset classes, while seeking to control the risks…

Grail Tries Again With Four New Active ETFs

Despite the flop of their first actively managed ETF, Grail Advisors launched four more today (October 2, 2009). The June 9 press release heralded these new ETFs as “the industry’s first traditional actively-managed ETFs using a single manager approach.” RiverPark Advisors (RP) will be the primary…

If You Like Demographics, You’ll Love The DENT ETF

Harry S. Dent Jr. is back, and this time he’s got an ETF. The Dent Tactical ETF (DENT) started trading today (September 16, 2009). It is being offered by a new ETF sponsor called AdvisorShares. Unlike most other fund sponsors, AdvisorShares chose to not include their name as part of the ETF’s…

5 Obstacles Facing Active ETFs

Actively managed ETFs have been touted as the ultimate ETF product. So far it has been all hype, or as they say “all show and no go”. With so much buzz, you would think at least one active product would have gained some traction. That is not the case. I haven’t looked at the…