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Alternative Market Briefing

U.S. Bancorp Fund launches 10 actively-managed ETFs with WBI investments

Thursday, October 30, 2014

Matthias Knab, Opalesque:

Single-source financial services solutions provider U.S. Bancorp Fund Services (USBFS) is collaborating with WBI Investments to launch the WBI Shares, a suite of 10 actively-managed exchange traded funds (ETFs). The EFTs are designed to provide long-term capital appreciation, while protecting capital during unfavorable market periods. The WBI Shares ETFs launched on August 27, 2014 and surpassed $1bn in assets on its first trading day on NYSE Arca.

"We believe actively-managed ETFs are the future of the ETF industry, and U.S. Bancorp Fund Services is critical to supporting these funds now and in the future," said Don Schreiber, Jr., founder and chief executive officer of WBI Investments, a registered investment adviser headquartered in New Jersey. "In this market, actively managing risk and capital is essential, and USBFS has both the experience and technology offerings to make this possible and practical."

All of the new ETFs launched by WBI utilize the company’s absolute return investment approach, and include the following:

  • WBI SMID Tactical Growth Shares (WBIA)
  • WBI SMID Tactical Value Shares (WBIB)
  • WBI SMID Tactical Yield Shares (WBIC)
  • WBI SMID Tactical Select Shares (WBID)
  • WBI Large Cap Tactical Growth Shares (WBIE)
  • WBI Large Cap Tactical Value Shares (WBIF)
  • WBI Large Cap Tactical......................

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