What is the difference between Actives Equity Index Strategies and Actives Managed ETF Portfolios?
Active’s Equity Index Strategies are portfolios of individual stocks that seek to match the performance of their targeted indexes on a pretax basis while aiming to outperform the index after-tax. Each Equity Index Strategy is targeted to a single index, such as the S&P 500 or S&P Global Stock Index, but Active constructs a portfolio using only a subset of the securities in the selected index. These strategies allow customization to take into account the investors specific needs and preferences, including the exclusion of certain sectors or groups of securities. Actives Managed ETF Portfolios are portfolios of exchange-traded funds (ETFs) only. These strategic, broadly diversified asset allocation portfolios target either a certain risk or income level. They can be used either alone as a complete solution or with other complementary asset classes.
