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Thursday, December 23, 2010

Rydex SGI's Product Launch Catches the WSJ's Eye

News summary by MFWire's editors

In today's Wall Street Journal Fund Track, John Spence picks up on the launch earlier this month of five equal-weighted ETFs from Rydex SGI. The rollout raises the total number of equal-weighted ETFs in Rydex SGI's menu to 15.

"We view equal-weighted ETFs as a complement to market-cap weighting," Rydex SGI CEO Rich Goldman told Spence.  

Edited by: Armie Margaret Lee


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