Eaton Vance is currently prepping an exchange-traded managed fund that is designed to be a hybrid active and passive one, Barron's reports.

Specifically, the new product will reportedly "have the flexibility on a daily basis to report new holdings in a way that would avoid front-running of portfolios," Stephen Clarke of Navigate Fund Solutions, an Eaton Vance subsidiary, told the pub.

But the PM stresses that the concept still is in development and that regulators haven't approved the company's plan. 

Edited by: HFD


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