February 14, 2012 at 14:42 PM EST
Van Eck Readies Alternative Oil and Gas ETF
Van Eck Global’s exchange traded fund division, Market Vectors, is launching on Wednesday the first U.S.-listed “unconventional” ETF that follows the country’s development of oil and gas resources. Market Vectors Unconventional Oil & Gas ETF (NYSEArca: FRAK) will try to...
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