Fast Growing Whiskey Market Prompts The Launch Of Whiskey And Spirits ETF

The ETF Managers Group and Spirited Funds recently rolled out a first-of-its-kind ETF that targets companies that produce alcoholic beverages. The Spirited Funds/ETFMG Whiskey & Spirits ETF covers publicly traded companies across the globe that are engaged in the production of whiskey and/or spirits. According to the prospectus, the initial universe of Index constituents consists of “companies that are whiskey and/or spirits distilleries, breweries, and vintners, and related luxury goods compa...