The RP Short Duration Bond ETF is sub-advised by
As with traditional actively managed bond funds, the RP Short Duration Bond ETF will allow portfolio managers unrestricted trading.
The other actively managed fixed-income ETFs that Grail launched last week were the Grail McDonnell Intermediate Municipal Bond ETF and the Grail McDonnell Core Taxable Bond ETF.
Cohanzick Management will provide day-to-day portfolio management services for the RP fund. David K. Sherman, the majority owner of Cohanzick Management, will be the fund's portfolio manager.