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Active ETFs

What are EQMFs?

EQMF stands for Exchange Quoted Managed Fund. An EQMF is a managed fund traded on a stock exchange. They function like managed funds, but traded like shares which can be bought and sold during trading day on the stock exchange. EQMFs are actively managed by fund managers to generate alpha and outperform relevant benchmarks.  

EQMFs will aim to beat the benchmark using a number of active investing strategies. They operate in a similar way to traditional managed funds but have the benefit of transparent, live intra-day pricing and market making ability which ensures liquidity.

Investors invest in the EQMF by using a stockbroker as if they were buying a share. Similarly, liquidating the investment follows a similar process to selling a share. This means that your EQMF can be monitored and reported like any of your other shares.

They are also sometimes known as Exchange Traded Managed Funds (ETMF), listed managed funds, active ETFs or quoted managed funds. 

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