MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, May 31, 2012 Sage Quant Plans Low Volatility ETFs A boutique quant shop in Connecticut is the latest firm to plan a suite of ETFs to invade the mutual fund market. Index Universe picked up the SEC filing made by Sage Quant Management, which wants to create a batch of low-volatility dividend-focused ETFs. Sage's top brass revealed in the exempt relief filing needed for all ETFs, that the new mutual fund will track a custom index that has 150 dividend-paying large- and mid-cap domestic stocks. They did not provide a name for the mutual fund in the filing. Index Universe posits that the "blending dividends and low volatility might be the quintessence of trendiness." Two ETFs using similar themes -- PowerShares S&P 500 Low Volatility Portfolio and iShares High Dividend Equity Index Fund -- have pulled in almost $1.5 billion in assets. Printed from: MFWire.com/story.asp?s=40167 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |