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Strategy Shares Plans ETF Of ETFs

TedTed
in The Bullpen
FYI: Strategy Shares has filed for an ETF that will invest in other ETFs. The 7 HANDL Index ETF (HNDL) is slated to come with an expense ratio of 0.96% and will list on the Nasdaq exchange.

The fund will track an index of the same name that splits its portfolio 50/50 between two buckets. The index will also incorporate a level of leverage that equates to 23% of the fund’s total portfolio.
Regards,
Ted
http://www.etf.com/sections/daily-etf-flows/strategy-shares-plans-etf-etfs
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