Seven Wildly Successful Active ETFs

The ETF industry has grown by leaps and bounds in recent years, thanks in large part to a shift by investors towards cost-efficient passive indexing strategies and away from pricey active management. But many in the industry have opined that actively-managed ETFs–in a sense hybrid products that exhibit characteristics of both active mutual funds and passive ETFs–would be the next big area of growth. PowerShares debuted the first actively-managed ETFs in April 2008, and Grail followed the next year with what some consider to be the first true actively-managed exchange-traded funds (the PowerShares products rely on quantitative analysis to make buy/sell decisions, and at one point were restricted in terms of the frequency with which they could trade) [see also Are We Out Of ETF Ideas? Not By A Long Shot]. The launch of Grail’s first ETF in particular was hailed as a game-changer in the investment world, and predictions [...] Click here to read the original article on ETFdb.com. Related Stories: Handicapping The Active ETF Race AdvisorShares Teams Up With Cambria On Active Global ETF (GTAA) Active ETFs: Full Steam Ahead