RBB Signs Agreement With Precidian for ActiveShares® ETF
The RBB Fund, Inc. ("RBB") is proud to announce itself as a partner in the actively managed ETF business by signing an agreement with Precidian Investments to offer ActiveShares®, its patented ETF technology.
This relationship enhances RBB's turnkey platform for managers looking to access the ActiveShares® technology, and further distinguishes RBB's unique position within the marketplace - one that is completely independent of any bank sponsor or service provider.
"We are thrilled to partner with Precidian," said RBB Chairman Arnold Reichman. "This relationship positions RBB at the forefront of newest innovations in ETF growth, and offers our current and prospective advisors a high quality option in the space."
Designed to fit seamlessly into the existing ETF ecosystem, ActiveShares® offers investors and managers a far more flexible structure than currently exists with today's mutual funds or by other recently introduced active ETF models. Potential benefits include:
About The RBB Fund, Inc.
The first organized multiple series trust founded in 1988, The RBB Fund, Inc is a registered open-end investment company organized as a series trust under Maryland law. RBB is a turnkey solution which permits the advisor to focus on its core competency of asset management and shifts responsibility for the establishment, servicing, and corporate governance of funds to RBB. Today, RBB oversees approximately $15 billion in assets, supporting ten unaffiliated advisors, over 15 unaffiliated sub-advisors, and over 30 mutual fund or ETF offerings. For more information, please go to www.rbbfund.com.
About Precidian Investments
Precidian Investments is an industry leader in the creation of innovative financial products, specializing in exchange-traded fund (ETF) and mutual fund development, and associated trading and pricing technologies. Precidian designs diversified client base and develops next-generation tools for the mutual fund industry, ETF providers and leading financial services institutions to meet the needs of today's more sophisticated investors. Expertise in product development, trading, clearance, sales, technology, and securities law enables Precidian to more efficiently design and build cutting-edge financial instruments.
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