Deals

This ETF Lets You Invest Like Icahn and Ackman, on the Cheap

The first activist-investor exchange-traded fund gives investors a diversified way to buy into boardroom drama

Billionaire activist investor Carl Icahn.
Photographer: Peter Foley/Bloomberg

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By Eric Balchunas

April 28, 2015 at 4:18 PM UTC

Updated on

April 29, 2015 at 9:05 PM UTC

This article is for subscribers only.

Looks like Carl Icahn and Bill Ackman have more in common than Herbalife now.

Their activist conquests will soon be tracked by the new Global X Guru Activist Index ETF (ACTX), which aims to ride the coattails of 50 of the largest and most successful activist investors. It launches on April 29.