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First Trust Files For Hedge Fund ETF, Pyxis Plans Actively-Managed Fund
April 13, 2012 at 07:00 AM EDT
Stocks started off in a hole on Monday as investors fretted over the March employment report, however, pessimism faded throughout the week as earnings euphoria brought back the bulls. The product development front was a bit quiet this week as Van Eck was the only issuer to beef up its lineup with a new high yield bond ETF; First Trust also laid down the groundwork for a hedge fund ETF and newcomer Pyxis is planning to debut its first actively-managed offering [see Free Report: How To Pick The Right ETF Every Time]. First Trust, the issuer behind the AlphaDEX family of products, filed plans with the SEC to bring to market a hedge fund ETF [see SEC Filing]: First Trust Hedge Fund Manager Holdings Index Fund: This ETF will seek to replicate the price and yield performance of the Wells Fargo Hedge Fund Manager Holdings Index. The underlying index is designed [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Stocks started off in a hole on Monday as investors fretted over the March employment report, however, pessimism faded throughout the week as earnings euphoria brought back the bulls. The product development front was a bit quiet this week as Van Eck was the only issuer to beef up its lineup with a new high yield bond ETF; First Trust also laid down the groundwork for a hedge fund ETF and newcomer Pyxis is planning to debut its first actively-managed offering [see Free Report: How To Pick The Right ETF Every Time]. First Trust, the issuer behind the AlphaDEX family of products, filed plans with the SEC to bring to market a hedge fund ETF [see SEC Filing]: First Trust Hedge Fund Manager Holdings Index Fund: This ETF will seek to replicate the price and yield performance of the Wells Fargo Hedge Fund Manager Holdings Index. The underlying index is designed [...]
