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ProShares Launches RAFI Long/Short ETF (RALS)

ProShares introduced Thursday (12/09/2010) a new market-neutral absolute return ETF: ProShares RAFI Long/Short (RALS).  Its objective is to track a new index, minus the 0.95% expense ratio, from Research Affiliates that equally weights long positions against short positions in a sector neutral manner. The RALS overview page provides some information on the index, although you . . . → Full Story: ProShares Launches RAFI Long/Short ETF (RALS)
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