First Trust May Join Hedge Fund ETF Fray

First Trust, the tenth-largest U.S. ETF issuer by assets, has filed plans with the Securities and Exchange Commission to possibly list a hedge fund ETF becoming the latest ETF sponsor to look to make inroads in this niche.

http://www.marketwatch.com/story/first-trust-may-join-hedge-fund-etf-fray-2012-04-09