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Rating:More Equal-Weight ETFs are on the Way from Rydex Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 08, 2011

More Equal-Weight ETFs are on the Way from Rydex

News summary by MFWire's editors

Rydex [see profile] has big plans for the equal-weight ETF market. Yesterday the Guggenheimer Partners subsidiary unveiled the Rydex MSCI ACWI (All Country World Index) Equal Weight ETF (see The MFWire, 1/13/2011), and InvestmentNews' Dan Jamieson reports that Rydex has more equal weight ETFs in the pipeline.

"We want to own it," Rydex managing director and portfolio strategist Tony Davidow told INews.

According to the trade pub, Davidow "hinted" that Rydex could launch an equal-weight Japan ETF this year, among others. 

Edited by: Neil Anderson, Managing Editor

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