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 |
|
Tuesday, May 30, 2006 SEC Lets ProFunds Do Its Thing ProFunds recently won the permission it's been seeking from the SEC to launch a dozen new ETFs. Known as ProShares, the funds include eight that will use leverage to amplify the gains or losses of yet-to-be selected indices. Reuters suggests these are the first ETFs to use leverage, which is not surprising given the Bethesda-based firm's unique and dynamic investment style. Printed from: MFWire.com/story.asp?s=11902 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |