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Guggenheim S&P Equal Weight Financial ETF (RYF)

  • Aug. 1, 2011, 4:49 AM
    Major European hedge fund Lansdowne Partners has reportedly sold its entire $850M stake in Goldman Sachs (GS), underlining concerns about banking prospects due to regulatory changes. The divestiture has echoes of Lansdowne's exit from the industry in 2008, ahead of the financial crisis.
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RYF Description
Seeks to replicate as closely as possible, before expenses, the performance of the S&P Equal Weight Index Financials.
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Sector: Financial
Country: United States
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