FYI: (As the Linkster says, "build it and they will come.")
Let’s fact it, many people like their pets more than they like humans. There are millions of dogs, cats, birds, fish, reptiles and other critters who are companions in people’s lives, and catering to these furry, feathered and scaled friends is a multi-billion-dollar global industry.
The ProShares Pet Care ETF (PAWZ) set to launch Tuesday hopes to cash in on this by tracking an index comprised of companies that generate a significant chunk of their revenue from pet care-related products and services. Given this product’s hyper focus, this could go down as a stroke of genius or just another gimmicky fund idea destined for irrelevance.
Regards,
Ted
https://www.fa-mag.com/news/an-etf-that-s-gone-to-the-dogs--and-cats-41746.html?print
