JO Hambro Plans Active ETF Expansion Across U.S. and Europe
London-based investment boutique JO Hambro Capital Management plans to enter the active ETF market, initially launching products in the United States before…
The MFS Active Short Muni Bond ETF will invest at least 80% of assets in municipal securities whose interest is exempt from U.S. federal income tax. The actively-managed fund will employ a short-duration strategy, maintaining an average effective duration of no more than three years to help limit interest-rate risk. While focused primarily on investment-grade municipal bonds, the ETF may also hold below-investment-grade debt and concentrate in specific project sectors or states. Security selection will combine bottom-up credit research with broader macroeconomic analysis.
Source: SEC Filings
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