New Long/Short QuantShares: Long On Expenses, Short On Expectations

QuantShares, a new player in ETF land, entered the fray by introducing seven market neutral ETFs based on the investment factors of momentum, quality, size, value, and beta.  Four were rolled out last week (9/7/11), and another three were listed today (9/13/11).  Unfortunately, QuantShares provides investors with little to no data regarding performance expectations, and expenses are among the highest on the market. All seven funds are based on newly developed (August 22, 2011) Dow Jones U.S. Thematic Market Neutral Indexes and will hold approximately 200 long and 200 short equally weighted positions.  Dow Jones provides backtested results going all the way back to July 31, 2011 (three whole weeks). The press release claims “QuantShares are the first . . . → Read More: New Long/Short QuantShares: Long On Expenses, Short On Expectations