ProShares Launches First Long/Short RAFI ETF – Offers Access to Absolute Return Strategy
BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of alternative exchange-traded funds (ETFs), announced the launch of ProShares RAFI® Long/Short (RALS). The ETF, the first dedicated fund that offers a long/short strategy based on Research Affiliate’s pioneering Fundamental Index (RAFI®) methodology, lists on NYSE Arca today. The RAFI approach uses fundamental measures of company size—sales, dividends, cash [...]
