As many of you know, I'm a regular contributor over at ETFdb.com. One of the features I write every week is the "New ETF Launches" column. Since the information in the column should be useful to ETF Focus readers, I'm going to regularly publish it here as well.
Most of the focus in the ETF industry goes to passively-managed index funds since they attract the lion’s share of new investor money.
This week, actively-managed ETFs take center stage with three new offerings, including two from first-time ETF provider Spinnaker Trust.
Here are this week’s new fund launches:
|Ticker||Name||Issuer||Launch Date||ETFdb.com Category||Expense Ratio|
|(FMDG)||Fieldstone Merlin Dynamic Large Cap Growth ETF||Spinnaker Trust||08/21/2017||Large Cap Growth Equities||0.80%|
|(FFIU)||Fieldstone/UVA Unconstrained Medium-Term Fixed Income ETF||Spinnaker Trust||08/21/2017||Corporate Bonds||0.50%|
|(FPEI)||First Trust Institutional Preferred Securities and Income ETF||First Trust||08/23/2017||Preferred Stock/Convertible Bonds||0.85%|
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