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Gold Miners ETF Field Expands With Double-Leveraged Funds
Tuesday, February 17, 2015 15:21
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SOURCE – [etftrends.com] – ProShares, the largest issuer of inverse and leveraged exchange traded funds, is entering the competitive field of leveraged gold miners ETFs today with the introduction of four funds.
Maryland-based ProShares is charting new territory because its four new products are the first to be double-leveraged equivalents of the popular Market Vectors Gold Miners ETF’s (NYSEArca: GDX) and the Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ). Previously existing leveraged gold miners ETFs were only those of the triple-leveraged variety.
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Source: http://www.goldeditor.com/gold-miners-etf-field-expands-with-double-leveraged-funds/
