Now that actively managed exchange traded funds (ETFs) are just around the bend, investors can expect a slew of filings.
State Street Global Advisors on Wednesday filed an application with the Securities and Exchange Commission (SEC) for a series of actively managed target-date ETFs, reports BusinessWire.
The funds will invest in a diversified sampling of equity and fixed-income ETFs.
If this line of funds gets the go-ahead from the SEC, it will join PowerShares‘ newly-approved set of active funds, which are aiming for an April launch.
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.