Bear launches actively managed ETF
AMEX has launched the Bear Stearns Current Yield Fund today, touting it as the the first actively-managed ETF to hit the market.
The American Stock Exchange launched the Bear Stearns Current Yield Fund today, touting it as the the first actively-managed ETF to hit the market.
The fund, managed by Bear Stearns Asset Management, seeks as high a level of current income as is consistent with the preservation of capital and liq
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