New products and changes introduced over the last week include the switch of a First Trust fund’s listing to NASDAQ and the launch of an equity unit trust by Incapital and Nuveen.
Also, Main Street Financial Management announced the launch of Main St. Advisor and the Main St. Advisor app.
Here are the latest developments of interest to advisors:
1) Incapital, Nuveen Announce Launch of Equity Unit Trust
Incapital and Nuveen Asset Management have announced the launch of an equity unit trust based on the 2015 predictions of Nuveen’s Bob Doll.
The Nuveen 2015 Equity Outlook Portfolio is designed to offer the potential for capital appreciation for investors willing to accept associated equity market risks and investment opportunities not fully reflected in today’s stock market valuations.
2) First Trust Moves Fund to Nasdaq