Last week, the Red Bank, New Jersey-based WBI Investments
ETF shares just hit a $1 billion on its first trading day!
The mutual fund shop's WBI Shares' 10 actively risk-managed ETFs took a quantum leap, exceeding $1 billion in assets on the first trading day of the NYSE Arca. The main objective of WBI Shares ETFs is to offer investors "wealth-building investments that target an optimal blend of bear market capital preservation and bull market return."
"The firm was founded in 1984, and we've been managing money in the same format that we've been doing so since since 1992. We've always taken an active risk-managed approach to investing," Matt Schreiber
, president of WBI Investments tells 401kWire
. "We're trying to limit losses during bear market periods -- bear market capital preservation -- and take advantage of bull market return."
The ETFs are active every day to reduce risk to capital and return opportunity with complete transparency and no tax on capital gain every day. WBI's investment process is active to prevent risk as well as to protect capital.
The newly launched ETFs include:
WBI SMID Tactical Growth Shares (WBIA)
WBI SMID Tactical Value Shares (WBIB)
WBI SMID Tactical Yield Shares (WBIC)
WBI SMID Tactical Select Shares (WBID)
WBI Large Cap Tactical Growth Shares (WBIE)
WBI Large Cap Tactical Value Shares (WBIF)
WBI Large Cap Tactical Yield Shares (WBIG)
WBI Large Cap Tactical Select Shares (WBIL)
WBI Tactical Income Shares (WBII)
WBI Tactical High Income Shares (WBIH)
WBI, based in Red Bank, NJ, was founded in 1984 and manages approximately $3 billion in assets. Click here for more info
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