Capital Group, Legg Mason and JPMorgan plan to launch exchange-traded funds that do not disclose their investments daily

ETFs

Deputy Markets Editor

A new type of exchange-traded fund backed by some of Wall Street’s giants will soon debut.

But there is a catch. Investors will have to be fine with less transparency.

The next big thing in exchange-traded funds: less transparency

Justin Baer

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Eaton Vance

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