(Reuters) - Asset manager T. Rowe Price filed for an actively managed crypto exchange-traded fund on Wednesday.
By Arasu Kannagi Basil in Bengaluru
Editing by Shilpi Majumdar
(Reuters) - Asset manager T. Rowe Price filed for an actively managed crypto exchange-traded fund on Wednesday.
By Arasu Kannagi Basil in Bengaluru
Editing by Shilpi Majumdar
Innovator Capital Management’s Nasdaq-100 Managed Floor ETF (ticker symbol: QFLR) provides exposure to the Nasdaq 100 while protecting against downside losses. QFLR targets a 10% floor on losses over a one-year time frame while aiming to capture 70% to 80% of the upside of the Nasdaq 100. QFLR is relevant for investors looking to add more technology to their portfolios, as tech is expected to play a larger role in the future, and is suitable for conservative clients or those who are risk-averse.
Envestnet, a U.S. software vendor with a market value of about $3.5B is exploring options that could include a sale after receiving takeover interest.