Janus Plans Transparent Active ETFs

Janus has announced that any active exchange-traded funds it rolls out will be transparent.

Janus has announced that any active exchange-traded funds (ETFs) it rolls out will be transparent, Index Universe reports. The first fund to be launched under its exemptive relief filing would have an investment objective integrating long-term growth of capital and current income through equities and fixed-income securities of various maturities and quality from governments and corporations.The new vehicle will be able to hold a wide range of U.S. and non-U.S. securities. Colorado-based Janus has also said it may unveil funds-of-funds ETFs and that any funds it launches will not invest in swaps, options and futures.

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