Head of Exchange Traded Funds
The new products, commonly known as semitransparent (or non-transparent) ETFs, will give investors a larger marketplace and more choice when selecting strategies to meet their investment goals. Investors will have greater opportunities to enhance portfolio diversification within the lower-cost, tax-efficient ETF framework.
Until now, some premier asset managers have avoided the ETF structure due to its daily transparency requirements. These rules limited the number of actively managed strategies in the ETF marketplace. Several asset managers, including American Century Investments, have licensing agreements with Precidian to use the firm’s semitransparent ETF model, known as ActiveShares®.
Applying decades of active investing experience to our full line-up of ETFs.