In the Margins

Got whiskey? This new ETF does

October 17, 2016

By MarketWatch

In a move to capture demand for whiskey—in good economic times when people are celebrating and in bad times when they're drowning losses—Spirited Funds has launched the Spirited Funds/ETFMG Whiskey and Spirits ETF, an exchange-traded fund that tracks the whiskey and spirits sector. The ETF primarily is composed of companies that earn the majority of their revenue from making or marketing whiskey and other spirits, though it also includes names that derive a smaller portion of their revenue from the industry. Read the original story from MarketWatch.