A surefire way for a new exchange traded fund to get off to a good start is for that rookie ETF to come market well-heeled with commitments from an institutional investor or investors.
Some well-known ETF issuers used that recipe for success with funds they brought to market last year. That group includes State Street Global Advisors (SSgA), the third-largest U.S. ETF sponsor. In December, SSgA rolled out three new ETFs that were designed in partnership with the Alaska Permanent Fund Corporation (APFC).
APFC spread about $1 billion across the three SSgA ETFs, a trio that includes the SPDR Russell 1000 Low Volatility Focus ETF (NYSE: ONEV). The SPDR Russell 1000 Low ...
/www.benzinga.com/trading-ideas/long-ideas/16/01/6134128/a-new-etf-for-low-volatility-fans alt=A New ETF For Low Volatility Fans>Full story available on Benzinga.com
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