The ALPS-backed RiverFront Strategic Income Fund (RIGS) finally looks set for launch nearly 3...

|By:, SA News Editor

The ALPS-backed RiverFront Strategic Income Fund (RIGS) finally looks set for launch nearly 3 years after going into registration with the SEC. The global fixed-income ETF will be actively managed and have an annual expense fee of 0.22%. The strategy will one of income-generation by investing in both corporate and government paper of varying credit quality - both dollar and non-dollar denominated -  at various points along the yield curve. Will it give BOND a run for the money?