A new listing for an actively managed exchange traded fund (ETF) was filed last week, making 2008 the year investors may get to invest in one. AdvisorShares Investments filed with the Securities and Exchange Commission (SEC) for an two actively managed ETFs: a sector allocation ETF and a country allocation ETF, reports David Hoffman for InvestmentNews.

We are getting much closer to an actively managed ETF. Where index-based ETFs don’t necessarily need to have a track record because investors can just look at the record of the underlying index, actively managed ETFs will have to prove that they can add value. Some industry experts thin the actively managed ETF will be a harder sell than the index-based funds that are already trading.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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