Spotlight on
Semi-Transparent ETFs

August 2019

A new class of semi-transparent, active ETFs has captured the imagination of markets — prompting investors to think of ETFs in a whole new way.

This significant industry development opens the door to a range of active managers who previously may not have been comfortable disclosing their best ideas to the wider market. Still, managers will need to consider if these ETFs will fit into their wider product offering.

We sat down with Frank Koudelka and Jeff Sardinha, two of State Street’s ETF specialists, to hear how they’re responding to some of the most common questions they’ve received.