January 15, 2008 at 1:00 am by Tom Lydon
Spa MarketGrader’s exchange traded funds (ETFs) are now ready to take on Italy, months after launching their funds on the American Stock Exchange.
Their six U.S. equity-focused Market-Grader ETFs will appear on Milan’s Borsa Italiana stock exchange. MarketGraders 40, 100 and 200 ETFs, reports HedgeWeek, are based on core indexes of top-rated North American securities. They also have small-cap, mid-cap and large-cap indexes based on North American companies.
These ETFs are based on fundamentally driven indices created by research firm MarketGrader. All stocks are equally weighted and the indexes are rebalanced quarterly. Twenty-four quantitative filters have been used to construct them.
Tags: Europe, EWI, Italy, Mid-Cap
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