While stocks continue their ascent to all-time-highs during a better than expected earnings season, a number of smaller players are looking to get into the ETF game. Both Syntax Analytics LLC and RiverFront Global Allocation have filed paperwork with the SEC this week to bring their own products to market [for more ETF analysis, make sure to sign up for our free ETF newsletter].
Market veteran APLS, is backing the RiverFront strategy that has been in the making for over three years. After submitting an updated prospectus earlier this week it seems the fund may soon make its way to market:
- RiverFront Strategic Income Fund (RIGS): This ETF maintains the same strategy as it did when first filed for in July 2010; it looks to generate total return through an emphasis on income by holding global government and corporate bonds with a range of credit qualities [see 101 High Yield ETFs For Every Dividend Investor].
ETF newcomer, Syntax Analytics also submitted paperwork with the SEC in hopes of offering a range of actively managed ETFs. While fund specifics have yet to be outlined, the actively managed ETF space is still relatively underpopulated which leaves a great opportunity for Syntax to grow.
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Disclosure: No positions at time of writing.
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