AllianceBernstein Holding L.P. and AllianceBernstein L.P. have launched three new active exchange-traded funds (ETFs) on the NYSE, with Citadel Securities as the Lead Market Maker. The new ETFs include the AB US Low Volatility Equity ETF, AB US High Dividend ETF, and AB Disruptors ETF, which aim to deliver best-in-class investment strategies across market cycles. According to Noel Archard, Global Head of ETFs and Portfolio Solutions at AB, “Our clients look to us for unique capital market insights across market cycles, and to introduce products that allow them to best manage their portfolios.” Onur Erzan, Head of Global Client Group and Private Wealth at AllianceBernstein, stated that the launch of these new ETFs furthers the company’s commitment to customizing investment solutions for different clients and their varying needs.
ETF Newz Says:
The AB Disruptors ETF seeks to invest in "disruptive" innovation leaders, while the AB US High Dividend ETF seeks to provide current income and long-term growth of capital.