In the Margins

Columbia plans NextShares, index ETFs

September 29, 2015

By The Wall Street Journal

Columbia Threadneedle Investments has filed for exemptive relief from the Securities and Exchange Commission to launch a set of NextShares and index-based ETFs. The NextShares are a hybrid of mutual funds and ETFs that don't require managers to reveal their holdings as often as they do with ETFs. Eaton Vance developed NextShares; Columbia will be a licensee of the product. Read the original story from The Wall Street Journal.