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 [...]
Direxion Introduces Four New Leveraged ETFs
Direxion, the ETF issuer known for its bull and bear leveraged funds, has just launched another four ETFs with double exposure. The new ETFs will provide long and short access to both the retail and natural gas industries. The following are the four recently launched funds: 1. Direxion Daily Retail Bull 2X Shares (RETL) 2. [...]
AdvisorShares to Add New ETF to its Actively Managed Lineup
AdvisorShares, an actively managed ETF adviser, will soon be introducing a new actively managed, short ETF to the market. The launch of the new product will not be a solo effort as AdvisorShares has teamed up with Ranger Alternative Management to develop the ETF. The press release describes the new fund’s investment strategy to be [...]
Unique Actively Managed ETF to Hit the Market
A new actively managed ETF is set to launch this week. Though many active ETFs have been introduced over the past several months, this one is the first of its kind. AdvisorShares will initiate trading on its new actively managed long/short ETF, which will aim to capture profits regardless of the market’s direction. Investors looking [...]
New Group of Currency ETNs Launched
Twelve new currency ETNs are now available for trade on Xetra. ETF Securities has issued the unique group of ETNs, which focus on foreign exchange rates with the euro, as well as emerging market currency. According to the press release, the new ETNs will allow investors the ability to capture exchange rates of the euro [...]
ProShares’ Reverse Split Breathes Life into 9 ETFs
It is no secret on Wall Street that leveraged and short funds eventually go to $0, but ProShares hopes a reverse split can bring nine of its funds back from the dead. ProShares will enact a reverse split after the closing bell on April 14, hoping to breathe some life into nine plummeting funds. The [...]
ProShares Files for Five Leveraged Inverse ETFs
ProShares has filed with the SEC to create five new leveraged or inverse funds, expanding the already largest lineup of leveraged products by any one issuer. The new funds tackle popular sectors such as China, bio-tech, basic materials and real estate. The five new funds are: 1. Short FTSE/Xinhua China (YXI) 2. Ultra Nasdaq Biotechnology [...]
AdvisorShares Stays Neutral in Turbulent Waters with a New ETF
To bridge turbulent market waters, AdvisorShares has filed to release a new actively-managed international ETF that will hold both long and short positions in other ETFs. According to the SEC filing, the fund will be titled the HTE Global Relative Value ETF (GRV), named after the management firm HTE Asset Management. The fund seeks to [...]
Direxion Hedges Bets on Four New Leveraged Funds
Despite the CTFC-inspired closure of the Direxion 3x Oil ETF Fund (DXO), Direxion is still planning to introduce additional leveraged products. The four new funds, however, will avoid the questionable commodities sectors and instead look for more traditional ETF plays. The following are the four proposed funds: 1. Direxion Daily S&P 500 Bull 3x Shares [...]
iShares’ New Fund is the Small Investor’s Ally
iShares has launched a new fund, known as the iShares Diversified Alternatives Trust (ALT: Quote, Profile, Advanced Chart, News), which will help bring costly but profitable trades into the hands of small investors. The fund will utilize trading mechanisms used by large investment banks to generate profits for its smaller investors. The iShares Diversified Alternatives [...]
