Are Actively Managed ETFs Right for You?

The term "actively managed exchange-traded fund" sounds like a contradiction in terms. A chief selling point of ETFs, after all, is that they're indexed, or passively managed, which keeps a lid on costs. But now asset managers including Putnam Investments, T. Rowe Price (TROW), Vanguard, and Pimco are racing to cash in on the growing interest in actively managed ETFs. So just what's the appeal of having a real live portfolio manager at the helm of an ETF? %%DynaPub-Enhancement class="enhancement contentType-HTML Content fragmentId-1 payloadId-61603 alignment-right size-small"%%