New ETFs On The Block: Proshares Managed Futures Strategy ETF (FUTS)

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ProShares, the Maryland-based exchange-traded fund issuer known for its range of inverse and leveraged exchange-traded funds, expanded its offering of alternative investment products recently with the launch of the ProShares Managed Futures Strategy (FUTS). Managed futures investment strategy involves investing in futures contracts across asset classes such as commodities, currencies and fixed income instruments. Investing in future contracts is a …