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 |
|
Wednesday, October 28, 2009 The WSJ Test-Drives and Smiles On a ProShares ETF A Wall Street Journal and SmartMoney columnist is testing out an inverse index ETF, and in the process he's striving to educate readers about the specific uses of such a niche fund. James Stewart highlights the ProShares UltraShort S&P 500 ETF. "I'm deliberately calling this an experiment, not a recommendation, and suggest conservative investors let me be the guinea pig," Stewart writes. "I found myself examining the many offerings in the ProShares family of exchange-traded funds that let investors profit from market declines. I came away convinced that in unusual circumstances, some of these funds can play a useful role." Stewart highlights some of the warnings provided by leveraged index fund specialists like ProShares, namely that these ETFs aim for daily results. Printed from: MFWire.com/story.asp?s=23065 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |