Fund companies may re-consider the opportunity that comes with launching actively managed ETFs as another company makes plans to enter the marketplace. IndexUniverse.com
reports that Claymore
filed with the SEC to launch three new commodity exchange-traded funds. Claymore filed to form the Claymore Active ETF Trust
on April 22, 2009.
The funds are: the Claymore Delta Global Infrastructure ETF
; the Claymore Delta Global Hard Assets ETF
; and the Claymore Delta Global Agribusiness ETF
The advisor to the funds will be Claymore Advisors; they will be subadvised by Delta Global Advisors
Other companies that have either filed or launched active ETFs of their own are: Grail Advisors
, Barclays Global Investors' iShares
(which filed May 4), JPMorgan
Claymore has also been in the news lately for being a possible buyer for Rydex. (see MFWire
5/13/09) The MFWire
has not yet been able to confirm the rumor.
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