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.

 

 

Most Read

10 Things
10 Things...to know about the ETF share class

Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in ...