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Nationwide Joins Insurers' Move To Passive With Smart-Beta ETFs: (MXDU) (RBUS) (RBIN)

TedTed
edited November 2017 in The Bullpen
FYI: The passive pull is proving too strong to pass up.

Nationwide Mutual Insurance Co. is launching three exchange-traded funds that use strategic beta strategies. The new ETFs will aim to track risk-weighted indexes that provide a “smoother ride” for investors, Chris Graham, chief investment officer for Nationwide Funds, said in a phone interview.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-11-03/nationwide-joins-insurers-move-to-passive-with-smart-beta-etfs
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