FYI: Since gaining regulatory approval in November, Eaton Vance’s NextShares ETMFs – actively managed, exchange traded mutual funds – have been licensed to several fund operators. On July 21, Waddell & Reed subsidiary Ivy Investment Management joined the list by entering into a preliminary agreement with Navigate Fund Solutions, an Eaton Vance subsidiary, to release its own NextShares ETMFs.
Regards,
Ted
http://dailyalts.com/eaton-vance-adds-ivy-funds-list-nextshares-licensees/