FactorShares Files For “FactorShares S&P GSCI 2x Gold Premium” ETF
FactorShares filed preliminary paperwork for the ”FactorShares S&P GSCI 2x Gold Premium” ETF this week. This ETF is designed to seek daily investment results, before fees and expenses, corresponding to +200% of the daily differences in the changes, positive or negative, of the S&P Gold – Equity Spread Total Return Index, or the Gold/Equity Intercommodity Spread Index. The Gold/Equity Intercommodity Spread Index is intended to reflect the daily differences in the changes, positive or negative, between the value of the S&P GSCI® Gold Excess Return Index, and the value of the S&P 500® Futures Excess Return Index, which is constructed from the front Short Index Futures Contract on the Equity Index Futures Contract.
For the full prospectus click: HERE
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