The fund-of-funds investment strategy has become quite popular among investors and exchange traded fund managers have been quick to get off the block in order to capitalize on the growing trend. Invesco PowerShares, a leading global provider of ETFs, recently launched the PowerShares DWA Tactical Multi-Asset Income Portfolio (DWIN) that takes the F-o-F (or rather the ETF of ETFs) investment …
New ETFs On The Block: First Trust Heitman Global Prime Real Estate ETF (PRME)
First Trust Advisors, the Illinois based sixth-largest US issuer of exchange-traded funds, expanded its lineup of actively-managed funds recently by offering a different spin on the traditional real estate ETF. The First Trust Heitman Global Prime Real Estate ETF (PRME) aims to provide targeted exposure to investors in American and international prime real estate securities by investing in the equities …
New ETFs On The Block: Arrow DWA Tactical ETF (DWAT)
Arrow Investment Advisors, the Maryland-based advisor to Arrow Funds known for its offerings of open-ended tactical and alternative mutual funds, expanded its exchange-traded funds lineup with the launch of the Arrow DWA Tactical ETF (DWAT). The go-anywhere actively managed fund seeks long-term capital appreciation while preserving capital and aims to achieve its investment objective based on the proprietary Dorsey Wright …