Rydex [see profile] just filed to launch 19 new ETFs [see filing], yet none of those ETFs are leveraged index mutual funds. The entire new lineup, with expense ratios ranging from 55 to 90 basis points, tracks different MSCI and Russell indexes in "equal weight" fashion (i.e. tracking the companies in each index, but weighting each company equally).

ETF Daily News, IndexUniverse's Olivier Ludwig and ETFdb's Michael Johnston all reported on the news. 

Edited by: Neil Anderson, Managing Editor


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