Published on 18 Mar 2023 on ETF.com via Yahoo Finance
Odds & Ends: ETF Launches Sputter
This week was pretty thin on exchange-traded fund launches, with just four making their debuts this week. Among them was the American Century Multisector Floating Income ETF (FUSI), an actively managed fixed income fund that rolled out on Thursday.
FUSI uses a sector rotation strategy that relies on macroeconomic data, technical analysis and fundamental research. The fund comes with an expense ratio of 0.27% and lists on the NYSE Arca.