wants to get back in the ETF game. On January 29 the Montvale, New Jersey-based firm filed
with the SEC for the appropriate '40 Act exemption to launch the Progressive Principal Protection
series of target date exchanged-traded funds, tracking indexes from Mergent
FocusShares launched its first four ETFs on the NYSE Arca
in Fall 2007, yet it liquidated those same ETFs at the end of October 2008 (see MFWire
's Heather Bell first broke
the news of FocusShares' new target date ETFs filing.
Stay ahead of the news ... Sign up for our email alerts now