On Friday, Frontier Asset Management closed out the week by launching a suite of new actively managed ETFs.
Five of the new Frontier ETFs have net expense ratios sitting at 90 basis points each. The only exception to the rule is the Frontier Asset Absolute Return ETF (FARX), which has a net expense ratio of 1.00%.
As the fund’s title implies, FARX looks to generate long-term total return for its investors. To do so, the fund curates a mixed portfolio of equity, fixed income, and commodity investments. The fund also holds currencies of both domestic and foreign issuers.
One of the other five funds is the Frontier Asset U.S. Large Cap Equity ETF (FLCE). FLCE seeks long-term results through a large-cap equity strategy.
Focused on Income
Meanwhile, the Frontier Asset Core Bond ETF (FCBD) offers a core fixed income strategy. This fund’s portfolio contains a wide array of U.S. investment-grade fixed income securities.
As an alternative income strategy, investors may wish to consider the Frontier Asset Opportunistic Credit ETF (FOPC). FOPC looks to generate high income and capital preservation by investing in high yield securities. These securities can include both U.S. and non-U.S. options.
Looking Abroad
Frontier is also offering ETFs to gain access to international equities. One such fund is the Frontier Asset Total International Equity ETF (FINT).
FINT looks to generate total return with a long-term time horizon. The fund primarily invests in mid and large cap companies, which may include emerging markets exposure.
Last, but certainly not least, is the Frontier Asset Global Small Cap Equity ETF (FGSM). FGSM also looks to bring in long-term total return, but uses small caps across the globe to do so. Unlike FINT, FGSM focuses on developed markets.
“Our newly launched suite of active ETFs showcases our dedication to aligning with the ever-changing preferences of investors and delivering our manager research capabilities through tax-efficient, structurally sound investment vehicles,” said Rob Miller, CEO of Frontier Asset Management. “As long-time allocators to indexed and active ETFs, we have confidence in active ETFs as an effective means for accessing underlying investment exposure and leveraging the insights of skilled independent investment managers.”
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