Claymore Investments Inc., the Canada-based ETF provider BlackRock is acquiring, yesterday rolled out the Claymore Managed Futures ETF (TSE: CMF), a fund that will give investors a new hedging tool by providing both long and short exposure to a variety of asset classes, according to an article on the Financial Post.
CMF tracks the performance of the Guggenheim Managed Futures Index, and began trading at $20.10 a unit yesterday, reports the Financial Post article. The fund will have exposure to different assets, including equities, government bonds and currencies.
A managed futures strategy is known for its ability to outperform during bear-market conditions, according to the article.
For the full story, visit FinancialPost.com.