Not a lot of changes in the active ETF space last week. We might normally start to see some tax lot adjustments, but probably not much this year as there are gains as far as the eye can see! The only item of note is that there are now 67 actively managed ETFs with Franklin now offering a new active ETF. Welcome to the family Franklin! We expect to see a big push in the active ETF growth going into year end, which should be setting up an interesting 2014 for new active ETF product development.
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