NEW YORK, April 30 (Bernama) -- Nasdaq announced that Global X Funds
will list a new exchange-traded fund (ETF), the Global X GuruTM Activist
Index ETF (Symbol: ACTX), which will begin trading on The Nasdaq Stock
Market today, April 29, 2015.
"Activist investing is an increasingly popular alpha strategy, but is
often limited to investors in hedge funds and other institutional
managers," said Jay Jacobs, Research Analyst at Global X Funds. "With
the launch of ACTX, investors can now participate in activist campaigns,
but without a 2 and 20 fee structure and with the liquidity and
transparency of an ETF."
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