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