Deutsche Launches Small Cap A-Shares Fund (ASHS)
Thursday, 22 May 2014 20:55
It’s been another up and down week on Wall Street, as investors continue to digest mixed earnings and economic reports. Small cap stocks were hit particularly hard on Tuesday, with the Russell 2000 Index (IWM) falling 1.5% during the session. On the macro front, investors awaited minutes from the Federal Reserve’s April meeting [see Owning the Market Isn't As Easy As It Sounds]. In ETF news, last week investors welcomed yet another ETF first - Merk’s Gold Trust (OUNZ). The fund is designed to track the spot price of gold bullion, but gives investors the ability to trade shares in exchange for physical gold bullion. Last week, PowerShares also reported a new filing for a Multi-Strategy Alternative fund, an actively manged ETF that looks to minimize volatility in broad alternative asset classes while still providing investors with a strong return utilizing a long-short strategy. On Wednesday, investors welcomed yet another fund from Deutsche Asset & […]

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