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Eaton Vance's NextShares Fund Meets Critical Reviews

TedTed
in The Bullpen
FYI: (This is a follow-up article)
Eaton Vance Corp.'s NextShares experiment kicked off at the stock market's open on Friday with the first-ever exchange-traded mutual fund, which is already receiving some skeptical reviews.
Regards,
Ted
http://www.investmentnews.com/article/20160226/FREE/160229950?template=printart

From WSJ Daisy Maxey:
Few securities firms have made changes necessary to support ‘exchange-traded managed fund’

Feb. 26, 2016 1:52 p.m. ET

Eaton Vance Corp. hasn’t signed any major securities firms to distribute its new breed of fund, even as the first “exchange-traded managed fund” began trading Friday.

Eaton Vance Stock NextShares, an actively managed fund with characteristics of both mutual funds and exchange-traded funds, is listed on Nasdaq under the symbol EVSTC.
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