Alternative investments

Grail Plans Two Actively Managed Bond ETFs

Published October 06, 2009, 12:28 p.m. EDT

1 Min Read

Grail Advisors has registered two actively bond exchange-traded funds, the Grail McDonnell Intermediate Municipal Bond ETF and the Grail McDonnell Core Taxable Bond ETF.

Processing Content

McDonnell Investment Management will serve as sub-advisor to the funds, which, similar to traditional actively managed bond mutual funds, will give the portfolio managers wide latitude with respect to investments.

“Our stated goal has been to bring a full lineup of traditional, active fund managers and strategies to the ETF marketplace,” said William M. Thomas, CEO of Grail Advisors. “These new fixed income ETFs, both very important additional to our actively managed list, are made even more compelling by the skill and experience of McDonnell,” a specialist in taxable and tax-exempt fixed income.

For reprint and licensing requests for this article, click here.

Alternative investments

Money Management Executive

MORE FROM FINANCIAL PLANNING

Know Your Niche

The $500M RIA that took off by microtargeting clients

Justin Brownlee started an RIA targeting energy, oil and gas employees. His hyperspecific marketing tactics have helped grow the firm into a thriving niche.

By Brian Wallheimer
Editor-in-chief

5h ago
Wealth management

Private business, even more confidential fees: The cost of Fidelity custody

Fidelity Institutional Wealth Management Services faces competitive threats in an era of ETFs and multicustodian advisory practices. But it has big advantages.

By Tobias Salinger
Chief Correspondent

May 21
Social Security

Bipartisan plan to fund Social Security with stocks has fatal flaw, researchers say

A bipartisan proposal to create a 75-year sovereign wealth fund for Social Security is not promising, according to Boston College researchers.

By Zoe Sagalow
Reporter

May 21
Technology

Clients put advisors on notice about sneaky AI use

According to a recent survey by Janus Henderson, 79% of clients said they would be upset to learn an advisor used AI without telling them.

By Grace L. Williams
Reporter

May 21
Technology

FIS, InvestCloud aim to help advisors connect with younger clients

FIS regularly hears from RIAs and banks with wealth management departments about the need to have better mobile apps and other digital doorways to their services. A new partnership with InvestCloud is designed to provide just that.

By Dan Shaw
Reporter

May 20
Industry News

An industry maverick's latest plan to draw advisors from the giants

Bill Hamm's Independent Financial Partners took a rare step in 2019 when the firm left LPL to launch its own brokerage. Now it's offering an interesting recruiting pitch to financial advisors.

By Tobias Salinger
Chief Correspondent

May 20

Load More