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A New Smart-Beta Water ETF

FYI: Elevation ETF Trust has come out with the first smart-beta, water sector-specific exchange traded fund that will select components based on factors like risk-to-return and yields.
The new Summit Water Infrastructure Multifactor Exchange Traded Fund (NYSEArca: WTRX) began trading on Wednesday. WTRX has a 0.80% expense ratio
Regards,
Ted
http://www.etftrends.com/2016/08/a-new-smart-beta-water-etf/
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