XShares Advisors has been busy launching new exchange traded funds (ETFs) targeting the health-care industry. This week the company filed with the SEC plans outlining two new funds focusing on health-care and fitness companies, the "health-lifestyle" ETF will focus on 30-40 companies that promote diet, nutrition, exercise and other preventative measures. Other filings included ETFs that focusing on Brazil, Israel, China among other countries and seven with a real estate focus, reports Ian Salisbury for The Wall Street Journal. In addition to these, XShares recently filed for a family of ETFs targeting companies based on their relationships with the U.S. states and a family that resembles life-cycle mutual funds.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.