Blue Tractor’s Shielded Alpha ETF wrapper ready to launch

Mid-November’s announcement by the US Securities and Exchange Commission of the intention to approve novel ETF structures included the Shielded Alpha ETF wrapper from Blue Tractor Group.

Brain child of Blue Tractor founder Terry Norman, Shielded Alpha brings 'less than fully transparent' ETFs to the market by disseminating to the market a daily creation basket which will consist of 100 per cent of the securities in the fund’s actual portfolio but not their correct portfolio weightings.