Interactive Brokers Group to offer NextShares ETFs

nteractive Brokers Group is to offer NextShares exchange-traded managed funds (NextShares) to retail investors and financial professionals through its investing and trading platforms.

Because they are actively managed, NextShares offer the potential for benchmark-beating returns by applying their manager’s proprietary investment research.

 

Because they trade on an exchange, NextShares may offer cost and tax efficiencies that can enhance shareholder returns. NextShares were developed by NextShares Solutions, an affiliate of Eaton Vance Corp. (Eaton Vance), and are expected to be offered by a range of well-known asset managers and across fund asset classes. The first NextShares funds began trading on the Nasdaq Stock Market LLC earlier this year.

 

“Offering high-quality services at a lower cost and providing our customers with compelling investment opportunities are integral features of our vision,” says Thomas Peterffy, Chairman, Founder and Chief Executive Officer, Interactive Brokers Group, Inc. “NextShares support this vision and can help investors meet their long-term investment goals.”

“The potential performance and tax advantages of NextShares and the advanced trading technology and customer focus of Interactive Brokers are a powerful combination,” says Stephen W Clarke, President of NextShares Solutions. “NextShares on the Interactive Brokers platform should be a highly competitive alternative to mutual funds offered on fund supermarkets. We are proud to work together to provide greater access to NextShares.”

The NextShares structure is broadly applicable across all asset classes in which mutual funds invest. Eaton Vance launched an initial three NextShares funds in the first quarter of this year and expects to introduce additional funds later this year. Ivy Investments (Ivy) has announced plans to launch its first three NextShares funds by late summer. Including Eaton Vance and Ivy, a dozen fund sponsors have indicated their intent to offer NextShares funds by filing exemptive applications with the US Securities and Exchange Commission and entering into preliminary agreements with NextShares Solutions.

Reports



Volume 8 Issue 1

Buy Nutrisystem Everyday 5 Day cheap walmart nutrisystem meals nutrisystem coupons mart online nutrisystem reviews at costco order 5 day nutrisystem online diet nutrisystem one day meal kit best place to buy nutrisystem buy Nutrisystem 80 nutrisystem turbo 10/a> buy cheapest nutrisystem at walgreens best 3 week diet for men online reviews nutrisystem club nutrisystem food weight loss diet food how to get weight loss fast buy original forskolin Garcinia online buy natural forskolin where i can buy forskolin cheap the forskolin natural diet with nutrisystem nutrisystem diet club best diet plans order diet pills online usa 3 week diet plan nutrisystem shakes Official Nutrisystem site Cambogia Garcinia Safe Online Garcinia Cambogia Safe best extract diet pills How i can Garcinia know Get Garcinia diet 24 hour 28 day nutrisystem plan order meals plan of nutrisystem weekly nutrisystem cost nutrisystem pricelist online cheap cheapest buy nutrisystem on line best auto insurance quotes car insurance companies online Penis Enlargement best review