ALPS last week unveiled its index-basedexchange-traded fund joint venturewith Goldman Sachs in the form of four new ETFs.
The three Momentum Builder Index ETFs are theALPS/GS Momentum BuilderGrowth Markets Equities and U.S. Treasuries Index ETF(GSGO),the ALPS/GS Momentum Builder Multi-Asset Index ETF(GSMA) and theALPS/GS Momentum Builder Asia ex-Japan Equities and U.S. Treasuries Index ETF(GSAX). The fourth product is theALPS/GS Risk-Adjusted Return U.S. Large Cap Index ETF(GSRA).
This collaboration helps us achieve our shared goal of providing ETF investors with thoughtful index-based investment alternatives with various types of market exposures, statedFederico Gilly, managing director and head of the Equity Sales Strats and Structuring Group at Goldman Sachs.
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