Tom Lee Readies Two New ETFs After Granny Fund Scores $2 Billion

Asset manager and online financial personality Tom Lee has filed to launch two new exchange-traded funds after his first product proved a smash hit with retail investors and pulled in more than $2 billion in assets.

Paperwork submitted to the Securities and Exchange Commission on Wednesday showed that Lee’s firm, Fundstrat Capital, is looking to roll out a fund focused on small- and mid-cap equities and another that’s based on larger companies but also provides income generated using options strategies.