13.08.2014 - ETF Watch: Eaton Vance Plans 'ETMFs'
Eaton Vance put 18 funds into registration via two different filings. covers equity funds, while the second filing covers mostly fixed-income funds. The nontransparent actively managed funds will rely on the ETMF structure that is based on patents the mutual fund firm purchased from ETF industry figure Gary Gastineau. The funds will be traded and priced based on net asset value rather than deriving their prices from daily portfolio transparency......................................Full Article: Source
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