ProShares Launches RAFI Long/Short ETF (RALS)
December 16, 2010 at 00:30 AM EST
ProShares introduced Thursday (12/09/2010) a new market-neutral absolute return ETF: ProShares RAFI Long/Short (RALS). Its objective is to track a new index, minus the 0.95% expense ratio, from Research Affiliates that equally weights long positions against short positions in a sector neutral manner. The RALS overview page provides some information on the index, although you . . . → Full Story: ProShares Launches RAFI Long/Short ETF (RALS)