The available actively managed ETFs are:
- Bear Stearns current Yield Fund (YYY)
- PowerShares Active Low Duration Fund (PLK)
- PowerShares Active Mega Cap Fund (PMA)
- PowerShares Active Alpha Q Fund (PQY)
- PowerShares Active Alpha Multi-Cap Fund (PQZ)
Several other providers are waiting their chance to launch their own actively managed funds, including Barclays, State Street, Vanguard and WisdomTree.
More ETFs equal more choices for investors and greater competition between fund providers. Once they’re armed with the tools, performance history and knowledge to make a wise decision, investors will ultimately decide if these funds are right for them.