ALPS last week unveiled its index-based exchange-traded fund joint venture with Goldman Sachs in the form of four new ETFs.
The three Momentum Builder Index ETFs are the ALPS/GS Momentum BuilderGrowth Markets Equities and U.S. Treasuries Index ETF (GSGO), the ALPS/GS Momentum Builder Multi-Asset Index ETF (GSMA) and the ALPS/GS Momentum Builder Asia ex-Japan Equities and U.S. Treasuries Index ETF (GSAX). The fourth product is the ALPS/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,” stated Federico Gilly, managing director and head of the Equity Sales Strats and Structuring Group at Goldman Sachs.
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