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 and Powershares.
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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