Tidal Financial Group has recently announced the launch of a new actively managed credit ETF, the Senior Secured Credit Opportunities ETF (SECD). As the name suggests SECD looks to jump on opportunistic loans and bonds as well as securities that are below investment grade, more commonly known as “junk bonds”. The actively managed strategy will be possible with help from Gateway Credit Partners who commented saying, “In both loans and high yield bonds, active management in ETF form is lacking… Active management in corporate credit is now a requirement, not an option.”
Tidal Launches Active Credit Opportunities ETF
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ETF Newz Says:
The launch of SECD looks to clash against the norm of launching passive funds that track indexes like the S&P 500.