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Wednesday, September 30, 2009

Four More Active ETFs Hit the Market

News summary by MFWire's editors

Grail Advisors' second, third, fourth and fifth actively-managed ETFs just launched. In the Wall Street Journal "Fund Track" column, Eleanor Laise reports that RP Financials, RP Focused Large Cap Growth, RP Growth and RP Technology, all sub-advised by RiverPark Advisors, are set to launch Thursday. Grail first filed in June to launch the funds.

Grail launched its first active ETF, the Grail American Beacon Large Cap Value ETF, in May. 

Edited by: Neil Anderson, Managing Editor


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