MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 3, 2013 Goldman and ALPS Partner Up Four proprietary ETFs are being prepped by Goldman Sachs [profile]and ALPS, to be listed at NYSE Arca. These ETFs will track the proprietary Goldman Sachs strategy indices, reports the ETF Strategy. Out of the four funds, three will be based on the Momentum Builder framework by Goldman. These three funds, ALPS/GS Momentum Builder Growth Markets Equities and US Treasuries Index ETF , ALPS/GS Momentum Builder Multi-Asset Index ETF , and ALPS/GS Momentum Builder Asia ex-Japan Equities and US Treasuries Index ETF will be exposed to third-party ETFs which include funds by iShares, SPDR, PowerShares, WisdomTree, Vanguard and Market Vectors. The ALPS/GS Risk-Adjusted Return US Large Cap Index ETF is the fourth ETF which, according to the report, will seek to "reflect the performance of an index of US stocks anticipated to have the highest risk-adjusted returns using 12-month volatility-adjusted consensus price targets for the stocks in the Russell 1000 index." Printed from: MFWire.com/story.asp?s=42549 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |