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AdvisorShares Files For Gold ETFs, ProShares Plans High-Yield Bond Fund

By: ETFdb
This week proven to be riddled with choppy trading as looming “fiscal cliff” woes continue to eat away at investors’ confidence. A sense of optimism has nonetheless returned to Wall Street after comments from President Obama showcased his commitment to hammering out a deal with Congress ahead of the December 31 deadline. Stock markets got another boost yesterday thanks to the latest U.S. GDP report, which showed economic growth of 2.7%, marking a healthy increase from the previous reading of 2.0%. Amid the mixed backdrop, AdvisorShares and ProShares both filled the product development pipeline with intriguing proposals [see 5 Important ETF Lessons In Pictures]. Maryland-based AdvisorShares is planning to beef up their product lineup with four new gold ETFs [see our GLD-Free Gold Bug ETFdb Portfolio]: AdvisorShares International Gold ETF (GLDE): This ETF will seek to provide positive absolute returns by investing in exchange-traded products that offer diversified exposure to the international gold market. Among the potential ETFs considered for inclusion in [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This week proven to be riddled with choppy trading as looming “fiscal cliff” woes continue to eat away at investors’ confidence. A sense of optimism has nonetheless returned to Wall Street after comments from President Obama showcased his commitment to hammering out a deal with Congress ahead of the December 31 deadline. Stock markets got another boost yesterday thanks to the latest U.S. GDP report, which showed economic growth of 2.7%, marking a healthy increase from the previous reading of 2.0%. Amid the mixed backdrop, AdvisorShares and ProShares both filled the product development pipeline with intriguing proposals [see 5 Important ETF Lessons In Pictures]. Maryland-based AdvisorShares is planning to beef up their product lineup with four new gold ETFs [see our GLD-Free Gold Bug ETFdb Portfolio]: AdvisorShares International Gold ETF (GLDE): This ETF will seek to provide positive absolute returns by investing in exchange-traded products that offer diversified exposure to the international gold market. Among the potential ETFs considered for inclusion in [...]

Click here to read the original article on ETFdb.com.

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