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First Trust Launches Long/Short Equity ETF

FYI: Investors looking to access a long/short equity strategy through an exchange-traded fund have a growing number of options these days as the list of long/short equity ETFs grew on September 9 when the First Trust Long/Short Equity ETF (FTLS) began trading. The fund’s objective is to provide investors with long-term total returns by constructing a portfolio of both long and short positions in U.S. and foreign companies trading on U.S. exchanges.
Regards,
Ted
http://dailyalts.com/first-trust-launches-longshort-equity-etf/
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