“Atlantic has been a tremendous partner in managing the ETF registration, listing and operational processes for us. Given the complexity and cost of launching an ETF, working with a trusted provider on a shared trust is the ideal solution for bringing the fund to market,” Axel Merk, President of Merk Investments, LLC, said in the press release.
Forum ETF Trust will be competing against a several “turn-key” styled ETF financial services firms, such as Exchange Traded Concepts, which promises to launch an ETF strategy in about 75 days and to reduce start-up costs, and AdvisorShares, another provider known for its actively managed ETFs.
For more information on actively managed funds, visit our actively managed ETFs category.
Max Chen contributed to this article.