Actively-managed fixed income ETF set to open

|By:, SA News Editor

Three years after going into registration with the SEC, the actively-managed ALPS RiverFront Strategic Income Fund (RIGS) is set to launch tomorrow.

The ETF will target a global portfolio of fixed-income paper with maturities ranging from 2 to 10 years, along with various ratings and currencies. The annual expense ratio is 0.22%.