ArrowShares on Wednesday launched a new exchange-traded fund designed capitalize on relative strength of various global macro strategies developed by Dorsey Wright and Associates.
The Arrow DWA Tactical ETF (DWAT) will trade on the NASDAQ exchange and offer an opportunity for investors to purchase a comprehensive vehicle designed to shift holdings in response to global trends.
“The DWA RS Global Macro strategy has the ability to invest in strategies that are demonstrating positive relative strength across various asset classes and market segments,” said Tom Dorsey, president of Dorsey Wright and Associates.
DWAT is implementing this approach through a “fund of funds” strategy that ...
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