There were several other debuts during the week. Franklin Templeton rolled out a multi-asset income fund on Thursday, and that same day saw the launch of the Running Oak Efficient Growth ETF RUNN. The actively managed fund holds a portfolio of 50-75 stocks selected for their quality and with the intent of managing downside risk. RUNN lists on the Nasdaq stock exchange and has an expense ratio of 0.58%. The LHA Risk-Managed Income ETF RMIF rolled out on Friday. The fund is actively managed and invests primarily in other ETFs across a wide range of categories within the fixed income space. Grimes & Co. serves as the subadvisor, managing the fund with a proprietary model that takes into account price and volatility trends, according to its prospectus. RMIF has an expense ratio of 1.27% and lists on the NYSE Arca.
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