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Thursday, November 12, 2009|
IndexIQ Works on its Answer to ProShares' 130/30 ETF
Known for their alternative strategy ETFs, IndexIQ plans to launch a 130/30 fund, and at least two debt-equity funds. The Rye Brook, New York-based company has filed a 40-APP with the SEC with the proposals.
In June, ProShares, based out of Bethesda, Maryland, rolled out the ProShares Credit Suisse 130/30 ETF.
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