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The first Japanese exchanged traded fund linked to the West Texas Intermediate oil futures contract will list on the Osaka Securities Exchange on Aug. 3, the bourse and the fund’s manager said Wednesday. The new product to be called Simplex WTI ETF will be created and managed by the Tokyo-based fund, Simplex Asset Management Co. Read more…
Credit Suisse Asset Management has announced plans to launch a range of Irish ETFs. Money and Marketing reports that, “The Ucits products will be based on both equity and fixed income indices and will be marketed under the ‘Xmtch’ ETF brand and will trade initially on the Swiss Stock Exchange with multiple cross listings Read more…
Everyweek we hear about a new ETF being introduced to the marketplace, putting serious pressure on the mutual fund market. ETF’s are less expensive and trade daily like stocks, which make them appealing. We found this bullish article on ETF’s worth reading. Read more…
Europe’s third-largest exchange traded fund (ETF) provider, Deutsche Bank unit db x-trackers, plans to launch 30 new products before the end of 2009 to take advantage of strong demand. Reuters reports, “It is the third biggest ETF provider in Europe by assets under management, behind European and world leader iShares, a unit of Barclays Global Investors, and Societe Generale’s Lyxor Asset Management. Michalik said db x-trackers will have around 150 products on offer at the end of Read more…
ETF Securities USA recently filed with the SEC to launch exchange traded funds covering platinum and palladium. There are currently no exchange traded funds covering these metals available in the United States. Although the application has been made, ETFS’s plans are likely to be met with resistance from industrial users and may also face a number of regulatory Read more…
Schwab hopes to gain regulatory approval to introduce its own line of exchange-traded funds by the end of the year. It is clear that Schwab, like all mutual fund providers, is feeling the heat from the growing popularity of exchange-traded funds (ETFs) over the past few years. ETFs’ growing acceptance is not surprising: They not only typically charge lower fees than conventional mutual funds, but Read more…
New ETF Designed to Track Credit Suisse Index
Bethesda, MD, July 14, 2009—ProShares, creator and market leader in short and leveraged exchange traded funds, announced the introduction of another innovative exchange traded fund, the nation’s first 130/30 ETF. ProShares Credit Suisse 130/30 (Ticker: CSM) will be listed on Read more…
Long term decay in leveraged ETF’s has created a stir with investors and regulatory officials. See this post on FINRA. Daily volatility in the markets has eroded the ETF’s long term. We found this blogger’s analysis worth the read on decay. “With the popularity of ETF’s came these funds which use 200% and 300% leverage. Read more…
The Natural Gas ETF (UNG) is trading at a premium because of it’s pending regulatory approval to expand the number of shares it can issue to 1.2 billion. See our earlier story: Natural Gas ETF-UNG Runs Out Of Shares ”The Exchange-traded funds are supposed to trade close to fair value, but a natural-gas ETF Read more…
Peruvian Finance Minister Luis Carranza rang the opening bell at the New York Stock Exchange to declare the market open this morning. As you will remember, on June 22, 2009, iShares, the world’s largest provider of exchange traded funds (ETFs) announced the launch of the first Peru ETF listed in the U.S., the iShares MSCI All Peru Capped Index Fund (EPU). The ringing of the bell this morning is somewhat of a debut Read more…
Ron Rowland from Invest With An Edge reports his monthly billion dollar club list. “The size of the ETF Billion Dollar Club held steady this month at 15 for the second month in a row. However, once again, there are changes in the roster Read more…
Investors are going crazy over Brazil as money is pouring into the country’s investments. “Brazil has emerged from the global economic crisis with a stronger financial system and a positive outlook, and the iShares MSCI Brazil Index (EWZ Quote) has responded by rising more than 42% year to date Read more…
Last week, ETF Securities filed with the SEC to authorize gold shares worth $1 billion for its new gold back ETF fund. The fund will be seeking to store its metals in a Swiss vault managed by JP Morgan Chase. Originally, ETF Securities had filed to use HSBC as its custodian, although they Read more…
GRANULARITY HAS COME TO INTERNATIONAL ex-change-traded funds, multiplying the opportunities for investors to profit. There were 21 funds of any type available on global markets back in 1997. Today there are 174 U.S. ETF listings, worth about $141 billion, focused on foreign exposures that range from global business Read more…
One momentum strategy that an investor could implement would be to purchase the best returning US sector ETF(s) over the trailing 3, 6, and 12 months. This strategy has been written about extensively by Mebane Faber, author of The Ivy Portfolio. 
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