New Fund Filings

Analysis of funds recently registered and key themes in product development. To monitor new funds and other fund changes on a daily basis go to our sister site

Clients can select from the latest Highlights of New Fund Filings below or from the list of all Highlights of New Funds.

New Fund Filings Review: August 2021      9/23/2021
  New fund registrations remained elevated in August with a total of 90 new funds. This included 16 open-mutual funds, 69 ETFs, two closed-end funds, and three interval funds. ETF filings leaned more towards active funds (41) than passive (28). The managers with the largest new filings for the month saw their rankings through passive ETFs. Rafferty Asset Management led for the month with nine new funds through a series of mostly leveraged and inverse funds, while BondBloxx announced plans for seven high yield index ETFs. The month saw new filings for 11 cryptocurrency-related funds, though two funds were withdrawn by their sponsors soon after registration.
New Fund Filings Review: July 2021      8/27/2021
  July witnessed the highest number of newly-filed funds of any month in 2021 so far. Registrations totaled 110 and were spread across 40 open-end mutual funds, 62 ETFs, five closed-end funds, and three interval funds. Among the month’s 40 active ETF filings were two semi-transparent active funds. Christian Brothers Investment Services led new registrations for the month with 13 as it filed for funds across multiple classes as part of its push into the mutual fund market. Rafferty Asset Management saw the second most through a series of eight leveraged and inverse ETFs. International Equity again saw the highest number of new filings at 33, with active funds accounting for the bulk of offerings at 22.
New Fund Filings Review: June 2021      7/26/2021
  June recorded 88 new fund filings across 18 open-end mutual funds, 63 ETFs, four closed-end funds, and three interval funds. ETF filings accounted for the largest number of both active (31) and passive (32) funds for the month. ProShares accounted for the most new registrations for the month through nine global equity sector ETFs. Invesco filed for the second most new funds with eight ETFs. International Equity witnessed the highest number of new filings at 32, split equally between 16 passive and 16 active funds. Bond funds saw the second highest number at with 15 active and 9 index funds.
New Fund Filings Review: May 2021      6/25/2021
  May witnessed new registrations for 63 funds, broken out across 15 open-end mutual funds, 39 ETFs, three closed-end funds, and six interval funds. Actively-managed funds served as the largest source of ETF registrations, with 21 active funds (including four semi-transparent funds) and 18 indexed ETFs. Global X Management filed the most funds during May at eight, split across a series of option hedge ETFs and two alternative energy ETFs. May also recorded four filings for bitcoin-related strategies. None of the four recently registered funds will hold bitcoin directly but may invest in bitcoin futures and funds that invest directly or indirectly while using fixed income portfolios for collateral and liquidity.
New Fund Filings Review: April 2021      5/26/2021
  83 new funds were filed over the course of April, spread across 22 open-end mutual funds, 55 ETFs, two closed-end funds, and four interval funds. Active funds continued to represent the largest portion of ETF registrations, with 31 active ETFs (including two semi-transparent funds) and 24 passive ETFs. Innovator Capital witnessed the most new monthly registrations at six through leveraged and buffer ETFs. Direxion/Rafferty and Invesco followed with five new ETF filings during April. International equity funds continued to account for the highest number of filings at 28, followed closely by US equity funds at 27. ETFs experienced the most new filings across every asset class, comprising 15 international and 18 domestic equity funds.