About Navigate Fund Solutions
Navigate Fund Solutions LLC is a wholly owned subsidiary of Eaton Vance formed to develop and commercialize exchange-traded managed funds (ETMFs) and NAV-based trading. Navigate holds issued and pending patents relating to NAV-based trading, an innovation created by longtime exchange-traded funds (ETF) thought-leader Gary Gastineau.
What are Exchange-Traded Managed Funds (ETMFs)?
ETMFs are a new type of open-end fund that combines features of mutual funds and ETFs. Proposed ETMFs:
• Are designed for actively managed investment strategies
• Seek to capture the performance and tax efficiencies of ETFs
• Offer the portfolio trading confidentiality that ETFs lack
ETMFs will generally be actively managed, seeking to outperform their designated benchmark and other funds with similar investment objectives. The funds seek to enhance their performance by utilizing a cost-efficient and shareholder-protective fund structure and by maintaining the confidentiality of current portfolio trading information.
Exchange-Traded Managed Funds: The Next Evolution of Fund Investing
Introducing Exchange-Traded Managed Funds
Actively managed funds with the performance and tax advantages of ETFs.