Bringing you live news and features since 2006 

Hartford Funds to launch NextShares ETMFs

RELATED TOPICS​

Hartford Funds has entered into a preliminary agreement with Navigate Fund Solutions  to support the launch by Hartford Funds of a family of NextShares exchange-traded managed funds.

“We are pleased to be an early adopter of NextShares,” says James E Davey, President, Hartford Funds. “As an asset management firm with a strong focus on the success of its investors, we believe that NextShares have the potential to help financial advisors enable their clients to reach their life goals.”

NextShares are a new type of exchange-traded product designed to provide investors with potentially better performance and enhanced tax efficiency by leveraging the best features of actively managed mutual funds and exchange-traded funds (ETFs). Like active mutual funds, NextShares seek to outperform their benchmark index and peer funds based on their manager’s investment insights and research judgments. Like ETFs, NextShares will utilise an exchange-traded structure with built-in cost and tax advantages. Compared to actively managed ETFs, NextShares offer the potential benefits of protecting the confidentiality of fund trading information and providing trading cost transparency to fund investors. Learn more by visiting nextshares.com.

“We are looking forward to working with the leadership of Hartford Funds to introduce their NextShares to investors and the financial advisors who serve them,” says Stephen W Clarke, President of Navigate.

Latest News

21Shares AG has announced that the firm has added staking to the 21Shares Cosmos ETP (ATOM) and the 21Shares Avalanche..
EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by