Source has released 18 ETFs tracking the Dow Jones Stoxx 600 Optimised Supersector indices, which the ETF provider recently created in conjunction with Dow Jones.
The ETFs provide both long and short exposure in a single product, while the improved underlying indices offer enhanced liquidity. Source director of marketing Michael John Lytle says: "We saw that in the existing sector products in Europe, there was no filter for the liquidity of the underlying stocks in terms of turnover or stock lending. We viewed this as a major opportunity, as the European market has such a wide range of liquidity in individual stocks." He adds: "So to improve the European sector market we decided to create optimised sector indices and then better funds on those ...
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