AdvisorShares Developing ‘Fund-of-Funds’ ETF
April 18, 2011 at 17:03 PM EDT
Active exchange traded fund (ETF) manager AdvisorShares is reportedly working on a “fund-of-funds” ETF designed to navigate a higher-interest-rate environment. The new Rockledge SectorSAM ETF (NYSEArca: SSAM) will hold other ETFs that reflect U.S. large-cap sectors, reports Cinthia...
