Grail Advisors has filed to bring out four more classic actively managed ETFs.

 

A little more than a month since coming out with the first traditional actively managed exchange-traded fund, Grail Advisors is making plans to launch four more.

In a filing dated June 8, the San Francisco-based asset manager says that it wants to complement the Grail American Beacon Large Cap Value ETF (NYSE Arca: GVT). That fund opened on May 4 and differs from others either currently on the market or in registration in that it implements a purely qualitative stock selection process. (See related article here.)

Each in the new group will do much the same. They'll be listed on the NYSE Arca exchange and charge expense ratios of 0.89% apiece. The proposed new ETFs are the:

RP Growth ETF. According to the prospectus, RP uses a “fundamental research driven approach to identifying those industries and companies with the strongest ...

It has been an exasperating past few months to say the least. Looking at the fund performance I wanted to take some time and see how I've been doing versus what I consider the "best of the best". While we did finish as of Jul 31st as the #1 fund in mid cap growth over a 1 year period [Jul 26: 'Rising Tide Growth' Performance v Peers] I wanted to see how the best funds in my category (mid cap growth) over the longer run (3 year and 5 year periods) were handling this downturn. What I have below are the top 4 funds over the past 3 years (note - American Century Heritage and Gifttrust are funds #1/#2 but have the same holdings and weightings and Eaton Vance Multi Cap has a normal and tax advantage fund ...

What casino-resort company did billionaire Ron Baron recommend on Tuesday?

In this video, Baron recommends Wynn Resorts (WYNN) as well as Ralph Lauren (RL).

Disclosure: At time of publication, William Trent has no financial position in the companies mentioned in this article.

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