ProShares looks to debut interest-rate-hedged bond ETF

08/20/2013 |

ProShares has filed a registration statement with the Securities and Exchange Commission for an interest-rate-hedged exchange-traded fund that would buy investment-grade corporate debt and take short positions in U.S. Treasurys. The ProShares Investment Grade-Interest Rate Hedged fund would be linked to an index of investment-grade bonds.

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