First Trust Advisors, the Illinois-based provider of exchange traded funds (ETFs), has unveiled the First Trust High Yield Long/Short ETF (HYLS), an actively managed high-yield bond ETF designed to provide investors with capital appreciation and current income. Investors worried about an interest rate hike later this year or next year, can consider this product for hedge against interest rate risk. …
New ETFs On The Block: Advisorshares QAM Equity Hedge ETF (QEH)
AdvisorShares, the Maryland-based ETF issuer famous for its impressive line-up of actively managed funds, recently launched the QAM Equity Hedge ETF (QEH) to widen its product portfolio. QEM, the 16th fund from AdvisorShares’ stable, will be sub-advised by Commerce Asset Management (CAM), a Memphis, Tennessee-based investment advisor and subsidiary of Commerce Holdings LLC that oversees approximately $700 million in assets. …