South Korea's Mirae Asset Management
] has tapped Exchange Traded Concepts (ETC) for help in bringing some of its strategies into the United States as ETFs.
ETC filed paperwork to bring three Horizons ETFs
to the US market, reports Index Universe. The Horizons ETF brand already exists in Canada and Mirae's U.S. asset management arm will subadvise the ETFs.
These new offerings are:
The Horizons S&P 500 Covered Call ETF
The Horizons S&P Energy Select Sector Covered Call ETF
The Horizons S&P Financial Select Sector Covered Call ETF
ETC helps asset managers bring products into the U.S. market using its "ETF in a Box" service.
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