Dreyfus is about to get into the active ETF business. Earlier this month the BNY Mellon subsidiary filed with the SEC to create an unspecified number of actively-managed ETFs within a brand new Dreyfus ETF Trust. Beyond noting that Dreyfus may use sub-advisors (perhaps other BNY Mellon managers), the ETFs themselves are not described.

The MFWire could not immediately reach a Dreyfus spokesperson for further comment on the move.

Dreyfus is no ETF neophyte. In 2008 it partnered with fundamental indexer WisdomTree to launch five currency income ETFs. 

Edited by: Neil Anderson, Managing Editor


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