Investors facing the conundrum of quality and convenience may find the raft of “fund of funds” offers attractive since they create entire portfolios of different asset classes or complex strategies in the same wrapper. In times of higher volatility, however, investors who wish to exercise prudence and want to eliminate emotional decision making may find the newly unveiled Tuttle Tactical …
New ETFs On The Block: ProShares Morningstar Alternatives Solution ETF (ALTS)
Morningstar, one of the investment-industry’s most trusted names, partnered with Maryland-based ProShares, the biggest issuer of leveraged and inverse exchange-traded funds, to launch the ProShares Morningstar Alternatives Solution ETF (ALTS). The new ETF is a “fund of funds” and invests in other ProShare products, thus providing a wide exposure to the liquid “alternative investment” niche with a single exchange-traded fund. …