AdvisorShares Planning Two Funds-Of-Funds

As the ETF world has continued to expand, new funds have had to venture beyond tracking popular indexes such as the S&P 500 or Russell 2000 in order to capture investor interest. One corner of the ETF space that has been slow to gain traction but still seems poised for a breakout is the actively-managed arena, where inflows are starting to materialize and a promising pipeline features some exciting new products [see Inside The Active ETF Pipeline]. Currently, one of the most popular actively-managed ETFs on the market is PIMCO’s Enhanced Short Maturity Strategy Fund (MINT), which has racked up an impressive $400 million in assets and brings in revenues of almost $1.4 million a year for the California-based investment giant. AdvisorShares has also seen some success in actively-managed ETFs, as the company’s long-short ETF (GRV) has about $43 million in assets and the active international fund (AADR) is starting [...] Click here to read the original article on ETFdb.com. Related Stories: AdvisorShares Rolls Out Another Active ETF AdvisorShares Launches Mars Hill Global Relative Value ETF (GRV) Dreyfus Planning ETF Foray