Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: The ALPS Medical Breakthroughs ETF (NYSEMKT: SBIO) debuted on the market Wednesday, December 31, 2014. This exchange traded fund will track the Poliwogg Medical Breakthroughs Index (PMBI), which is designed to capture research and development opportunities in biotechnology and pharmaceutical industries. The PMBI is made up of small-cap and mid-cap biotech stocks listed on U.S. exchanges. Regards, Ted http://247wallst.com/healthcare-business/2014/12/31/new-biotech-etf-hits-the-market/print/
I gather this one is going to be a wild ride!!! Not for the faint of heart (unless you're hoping there will be a medical breakthrough to solve the problem )
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