FYI: In a recent filing, USCF Advisers outlines plans for two ETFs that will focus on companies likely to be the investment targets of private equity firms. The USCF SummerHaven Private Equity Strategy Index Fund (BUY) and the USCF SummerHaven Private Equity Natural Resources Strategy Index Fund (BUYN) will track indexes from SummerHaven Index Management that rely on proprietary methodologies.
The two funds are slated to list on the NYSE Arca, but the filing did not include expense ratios.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/uscf-plans-private-equity-funds