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Written by Heather Bell
- September 15, 2009 00:00 AM
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Page 1 of 2
- ETFS launches physical gold ETF
- AdvisorShares files for actively managed ETFs
- Our list of ETFs in registration
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NEW LISTINGS ETFS Launches Gold ETF Wednesday, Sept. 9 saw the launch of the ETFS Physical Swiss Gold Shares, the third fund holding only physical gold to hit the U.S. market. The new product will compete directly with the SPDR Gold Trust (NYSEArca: GLD) and the iShares COMEX Gold Trust (NYSEArca: IAU). It is ETFS's second product to list in the U.S. Read the IU.com article here. Read the prospectus here.
NEW FILINGS AdvisorShares Files For Two Actively Managed ETFs A recent filing from AdvisorShares details plans for two actively managed exchange-traded funds. The WCM/BNY Mellon Focused Growth ADR ETF would be managed by WCM Investment Management and would seek to beat the returns of the MSCI EAFE index and a custom benchmark. The Legacy Long/Short ETF would be managed by Suzanne Hamilton, founder and president of Legacy Asset Management Inc.; Hamilton is known for her all-asset approach to investing. Read the IU.com article here. Read the filing here.
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