Fundsters interested in the energy space, take heed: The Alerian MLP ETF, marketed by ALPS Distributors, is expected to begin trading today.

The Wall Street Journal's Tom Lauricella highlights the fund launch in today's Fund Track article and writes about the advantages of investing in ETF MLPs, such lower costs (the Alerian MLP ETF is expected to carry an expense ratio of 85 basis points) and returns (payouts from MLPs are averaging some seven percent).

Lauricella notes that the expense ratio is the same as that of the JPMorgan Alerian MLP Index Exchange Traded Notes, which has been around since June last year and has so far gathered $1.6 billion in assets.

"There's a community of investors who like the MLP space, understand the story but cannot get comfortable with [the ETN] side of the structure," the WSJ quotes Alerian president Kenny Feng as saying. 

Edited by: Hung Tran


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