WBI Launches Actively Managed ETFs With 'Tactical' Tilt

WBI Investments is rolling out a full suite of exchange traded funds to offer an actively managed, globally opportunistic investment option, says the company's President Matt Schreiber. Schreiber said the ETFs utilize the same investment processes WBI employs for its mutual funds. He said the decision to launch high yield and income ETFs are in response to the steady demand for yield in the current low-yield environment, adding that these ETFs are more flexible since they can hold stocks and bonds. Finally, Schreiber said WBI pays careful attention to risk-management, which he says differentiates WBI's ETFs from its competitors.