USA: AllianceBernstein Launches Three New Active Equity ETFs

In March this year, AllianceBernstein Holding L.P. (AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced the launch of three new active exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE).

Global liquidity provider Citadel Securities would be the Lead Market Maker on these products, “bringing extensive industry experience and pricing expertise to AB’s ETF suite”.

“Drawing upon the success of our inaugural ETFs launched in 2022, this new suite of Equity ETFs demonstrates our commitment to delivering best-in-class investment strategies in adaptable and accessible vehicles for all investors,” Global Head of ETFs and Portfolio Solutions Noel Archard was cited. “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 across evergreen investment themes like growth or income generation.”

The new active ETFs include:

  • The AB US Low Volatility Equity ETF [NYSE: LOWV] is an actively managed ETF whose objective is capital appreciation focusing on lower volatility compared to the broader US equity market.
  • The AB US High Dividend ETF [NYSE: HIDV] is an actively managed ETF that seeks to provide current income as well as long-term growth of capital. In pursuing the fund’s objective, AB utilizes a systematic approach to identify attractive US companies that pay dividends and have the potential for long-term capital generation. The fund may also invest in non-dividend paying companies.
  • The AB Disruptors ETF [NYSE: FWD] is an actively managed ETF that seeks long-term capital growth by investing in a global portfolio of equity securities. In pursuing the fund’s objective, AB seeks to invest in “disruptive” innovation leaders. The fund may invest in any sector or industry.

(Published in GLOBAL RECYCLING Magazine 2/2023, Page 7)