ETF roundup

ETF roundup

Direxion launches ETFs based on S&P risk control index series

Direxion has listed three ETFs on the New York Stock Exchange based on the S&P Dynamic Rebalancing Risk Control Index Series, which seeks to control the level of risk associated with the underlying index.

AdvisorShares listed an actively managed fund-of-funds ETF on January 11. The AdvisorShares Rockledge SectorSAM ETF invests primarily in both long and short positions in US sector ETFs that offer diversified exposure to US large-capitalisation sectors. The ETF is managed by Rockledge Advisors.

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