Curian offers muni-bond ETFs

A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital LLC, which provides a fee-based separately managed account platform to financial professionals. Curian’s strategy, a new one for the Denver-based adviser, provides a solution for clients looking to achieve greater diversification in their investment portfolios while seeking to maximize their after-tax income, according to a statement from the company. By introducing the this tax-exempt feature, Curian gives clients more control over their investment options and provides them with an additional way of receiving tax-exempt income as part of their fixed-income asset class, according to the firm.