The company will rename the product line with the funds switching to underlying investments in Putnam ETFs that follow ESG criteria.
Russia funds yielding between 300% and 3,000% represent the ultimate value trap. A better bet would be funds offering much lower yields.
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
The four exchange-traded funds are well-timed given the current market environment.
Survey finds that 63% think ESG risks are best handled when fund managers select a portfolio to manage opportunities and risks.
Several US fund managers are taking an interest in this small but growing area of the market.
SEC Chairman Gary Gensler warns that the products “can pose risks even to sophisticated investors, and can potentially create systemwide risks by operating in unanticipated ways."
Participants in their 20s have more than half their retirement plan assets in the funds, a study by ICI and EBRI shows.
The strategy blends short-term Treasury bonds with put options on longer-term bonds to ride the trend toward higher rates.
Investors searching for a source of income could look to credit funds with attractive yields.
The crackdown could hit everything from leveraged and inverse vehicles to cryptocurrency-linked funds and defined-outcome strategies.
Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
American Funds and Inspire Investing announce fee cuts Monday, in the wake of Vanguard's announcement Friday.
Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.
As interest in ESG investing grows, advisers are reaching an inflection point.
Many growth-oriented stock funds offered in 401(k) plans are down more than 10% so far this year.
As fixed income suffers the brunt of the Fed's efforts to catch up on inflation, financial advisers suddenly have an alternative for short-term cash allocations.
The product is the first to include the top carbon-offset futures markets into one fund, the firm says.
Sales were the second-highest ever but still far behind those from a year ago, according to ETFGI.
Just 66% say target-date funds do extremely well or very well when it comes to helping plan participants deal with their income needs during retirement.
