State Street files for active ETFs in US

The firm made its request to the US Securities and Exchange Commission (SEC) under the name SSgA Active ETF Trust a few days after iShares' petition for active ETFs was passed by the regulator. SSgA's application reveals all but one of the planned funds are ETFs-of-ETFs. The sixth, the SSgA Blackstone/GSO Senior Loan ETF, seeks to outperform the S&P/LSTA US Leveraged Loan 100 index and will invest 80% of net assets in senior loans. The SSgA Real Assets ETF is aiming for real return, while the Income Opportunities ETF looks for yield-generating assets to provide total return. Both inve...