Aberdeen Investments expanded its lineup in the active ETF market with the introduction of two new mutual fund conversions — the abrdn Ultra Short Municipal Income Active ETF (NASDAQ:AMUN) and the abrdn International Small Cap Active ETF (NASDAQ:ASCI).
The newly converted AMUN seeks to provide high after-tax income while maintaining capital. With a net expense ratio of 0.25%, the fund invests heavily in investment-grade fixed income instruments and has an average duration of roughly two years or less.
