We have a new financial ETF in the works from Exchange Traded Concepts (ETC). This one will be focused on forensic accounting...
- FLAG - Forensic Accounting ETF
The new fund will target 500 large-cap companies, but only those that pass the funds forensic accounting selection process. After a financial evaluation, the fund will only include stocks that it feels meets certain accounting criteria. So the list of 500 is whittled down to under 400. The goal is to include financially stable stocks within the fund while avoiding those that have economical issues.
The launch date hasn't been set yet, but you can get full details on the filing here. Or if you want to see similar ETFs then you can view the...
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