US firm Toroso Investments has launched an exchange-traded fund investing in businesses set to benefit from the growth of the ETF industry, including the likes of BlackRock and State Street.
The ETF Industry Exposure and Financial Services ETF (TETF) began trading on the New York Stock Exchange 20 April, tracking the newly-created Toroso ETF industry index. TETF will seek to track, before...
0.25% charge on £100,000 investment
Sector launched in April this year
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis