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Rating:Huntington Plans July Debut for Its Active ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 13, 2011

Huntington Plans July Debut for Its Active ETFs

Reported by Neil Anderson, Managing Editor

Fundsters interested in the hot active ETF business may want to take a look at two proposed offerings from Huntington Asset Advisors [see profile]. Last summer the Columbus, Ohio-based asset manager filed to launch a pair of active ETFs [see The MFWire, 6/21/2010], and now on Monday Huntingon revealed more details [see filing].

Huntington aims to launch the Huntington US Equity Rotati on Strategy ETF and the Huntington EcoLogical Strategy ETF in July. Both ETFs will cost 95 basis point. Vice president Paul Koscik will PM US Equity Rotati on Strategy and vice president Brian Salerno will PM EcoLogical Strategy.

Citi will serve as administrator, custodian, fund accountant and transfer agent. SEI will handle distribution and Bernstein Shur will provide legal counsel. Huntington has not yet named the ETFs' independent accounting firm. 

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