The ‘ANTs’ came marching: how have active, non-transparent ETFs performed so far?
June 02, 2020 at 14:56 PM EDT
After two months in business, the new “actively managed, non-transparent” exchange-traded funds have performed about as well as analysts expected — with a few surprises — and are setting the stage, some observers say, for a fund marketplace that moves beyond existing categories to bring broader choices to investors.