A version of this article previously appeared in the August 2022 issue of Morningstar ETFInvestor. Click  to download a complimentary copy.Few investors can endure the market's ups and downs for years on end without making changes to their plan. There is a constant stream of information about earnings, inflation, and jobs reports; up-to-the-minute market data and analysis are at anyone’s fingertips. Investors across all levels of experience hear the sirens' call when they perceive an opportunity to beat the market. Many investors tactically maneuver their portfolios in these situations, deviating from their long-term investment strategies to cash in on expected short- or medium-term moves in the market. Others invest in tactical funds that intend to find these opportunities on their behalf.The benefit of hindsight ma… Full Story

It seemed like they would never arrive. Now they’re showing up among the biggest fund companies.For many years after the first exchange-traded fund hit the market in 1993, active ETFs were like the Holy Grail: often talked about and sought after, but hard to find in the investment industry.They’ve gradually gained momentum among once-skeptical active managers in recent years, though, thanks to innovations designed to satisfy the concerns of heretofore hesitant active managers as well as desperation to stem the tide of asset flows from traditional mutual funds to ETFs. Even Capital Group, the parent of the conservative American Funds Family, has gotten comfortable enough with the vehicle to launch its own active equity ETFs.Let’s first review the basics of active ETFs and then look at some attractive of… Full Story