BlackRock Plans to Convert Large Cap Growth Mutual Fund Into Active ETF
BlackRock is seeking shareholder approval to reorganize its Advantage Large Cap Growth Fund into the newly created iShares Enhanced Large Cap Growth Active…
The Clough Global Macro ETF (CMAC) will have a flexible global, multi-asset strategy that can take both long and short positions across equities, fixed income, commodities and derivatives. The actively-managed fund may invest in U.S. and international markets, including emerging economies, using a broad range of securities such as stocks, REITs, MLPs, BDCs, bonds and ETFs. Portfolio allocations will be driven by a combination of top-down macroeconomic themes and bottom-up security analysis, with the flexibility to shift exposures as market opportunities evolve.
Source: SEC Filings
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