Natixis Investment Managers rolled out its second ETF, helping investors preserve capital and generate some income ahead of a rising interest rate environment.
Natixis Investment Managers launched the actively managed Natixis Loomis Sayles Short Duration Income ETF (NYSArca: LSST), which has a 0.38% expense ratio.
The active ETF is managed by Christopher T. Harms, Vice President of Loomis Sayles, Clifton V. Rowe, Vice President of Loomis Sayles, and Kurt L. Wagner, Vice President of Loomis Sayles.
“LSST is supported by Loomis Sayles’ global research platform, which combines top-down macroeconomic analysis with bottom-up security selection. This high-conviction approach gives LSST’s investment team the flexibility to choose securities they identify as having the best relative value. In addition, LSST’s active approach incorporates risk monitoring not often found in traditional index ETFs, which can help mitigate downside potential, especially in a rising rate environment,” according to Natixis.
The Loomis Sayles Short Duration Income ETF will try to achieve current income consistent with preservation of capital by investing in fixed-income securities such as bonds, notes and debentures, as well as other investments, with an average duration between one and three years, according to a prospectus sheet.