ProShares, iShares Fill ETF Pipeline

Resurfacing fears surrounding the Greek bailout tipped markets south early in the week, although an optimistic outlook for Friday’s U.S. unemployment report has helped to ease uncertainties. Nevertheless, tumultuous trading throughout the week hasn’t been able to slow down activity on the product development front. Industry giants ProShares and iShares have laid out plans to launch a slew of products targeting everything from leveraged financials to sovereign bonds. iShares is planning to launch two fixed income ETFs along with an intriguing product that could appeal to socially responsible investors: iShares Sovereign Screened Global Bond Fund: This ETF will seek to generate current income while striving to mitigate downside risk by investing principally in global debt obligations [see SEC Filing]. Underlying holdings will consists of bonds denominated in local currencies and the U.S. dollar, issued by government in developed as well as emerging market countries. The fund will utilize a model-based proprietary investment process to select securities and assign allocations [see [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts