ETFs

Principal Financial Group files for ‘NextShares’ ETMF

The filing illustrates how active management-oriented fund companies are keeping their options open when it comes to planting flags in the fast-growing exchange-traded products industry

Principal Financial Group has petitioned regulators for permission to launch an exchange-traded managed fund, the hybrid fund structure advanced by Eaton Vance.

The filing illustrates how active management-oriented fund companies are keeping their options open when it comes to planting flags in the fast-growing exchange-traded products industry. Principal's ETMF filing arrived as the company puts the finishing touches on its first actively managed ETFs.

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