Despite the fact that crude oil inventories are high and Americans are driving less, crude oil has been on a tear in recent months. Just four months ago, NYMEX-traded crude oil went for around $30 barrel. Now $70 appears likely, perhaps as soon as this week. Start bracing for a little more pain every time you head to the gas station.
There are five distinct categories of energy-related ETFs and ETNs, namely those that track indexes of: Take A Look At These Energy Service ETFs
Despite the fact that crude oil inventories are high and Americans are driving less, crude oil has been on a tear in recent months. Just four months ago, NYMEX-traded crude oil went for around $30 barrel. Now $70 appears likely, perhaps as soon as this week. Start bracing for a little more pain every time you head to the gas station.
There are five distinct categories of energy-related ETFs and ETNs, namely those that track indexes of: Grail Advisors Plans To Launch 4 Active, Single-Manager ETFs
Grail Advisors LLC plans to launch four exchange-traded funds, which it says will be the first traditional actively managed ETFs to use a single-manager approach.
The San Francisco-based asset manager filed Monday with the Securities and Exchange Commission to launch RP Growth, RP Focused Large Cap Growth, RP Technology and RP Financials ETFs. RiverPark Advisors LLC will serve as the primary sub-adviser for each of the funds, and St. Louis-based Wedgewood Partners Inc. will also sub-advise the RP Focused Large Cap Growth ETF. First Exchange-Traded Fund to Replicate Global Macro & Emerging Markets Hedge Fund Strategies Introduced by IndexIQ
The first Exchange-Traded Fund (ETF) designed to replicate the risk and return characteristics of global macro and emerging markets hedge funds was introduced today by IndexIQ (www.indexiq.com).
The IQ Hedge Macro Tracker ETF (NYSE Arca: MCRO) seeks to replicate, before fees and expenses, the returns of the IQ Hedge Macro Index, combining both Global Macro and Emerging Markets strategies. Global Macro hedge fund strategies generally span the globe in search of investment opportunities, employing a top-down approach to identifying market inefficiencies and dislocations, and typically invest in a range of instruments and asset classes including stocks, bonds, commodities, and currencies. 3 Top Industry Sectors To Grow Your Money With ETF’S
We’ve already reached the half-way point of the year and the top performing U.S. industry sectors are rising much higher than many people, even Wall Street’s leading economists and analysts previously thought. Even though the economic recession is far from over, astute investors are profiting. Are you?
Boosted by a rising market, the money invested in ETFs finished the month of May on a very strong note, up by $53 billion. Much of the greatest interest in ETF investing is in funds that narrowly invest in specific industry sectors. Energy and technology stocks are just two examples of sectors that have performed well so far this year. Today, there are 205 industry sector ETFs and that doesn’t even include the 90 or so leveraged and short ETFs focused on specific sectors. The Most Expensive ETFs You’ll Never Need
Exchange-traded funds (ETFs) have been one of the fastest-growing investment products in recent years,attracting millions of investors with their trading flexibility and low expenses. But as more and more of these funds are rushed to market, expenses on some ETFs have begun to creep upward. In fact, some ETFs now charge more than many actively managed mutual funds. Why are some of these funds so expensive?
Forecast: rising expenses
Using Morningstar's online screening tool, you can find dozens of ETFs that clock in with huge expense ratios of 0.95% or more. With many active funds charging 1% or less, these ETFs seem more costly than they should be. What Warren Buffett Thinks About ETFs
Exchange-traded funds have exploded in popularity in recent years, ushering in exponential growth in assets and hundreds of new ETFs to the market. ETFs were touted for their several advantages over traditional index mutual funds, including the flexibility to trade throughout the day, the ability to sell short and buy on margin, and the allure of greater tax efficiencies and generally lower fees. Thus, the debate began over whether ETFs might supplant traditional index mutual funds.
Opinions have come from both sides of the debate. But one voice often carries extra weight, as he's probably the most famous investor in the world. National Inflation Association Report: Our Favorite ETFs and ETNs
NIA is pleased to release its first report on Exchange traded funds (ETFs) and Exchange traded notes (ETNs). We believe one of the best ways to prepare for hyperinflation is by investing into ETFs and ETNs.
ETFs and ETNs trade like stocks on a stock exchange but are used to track the price of a single commodity, a basket of commodities, or an index of stocks. How To Stay Afloat Through Your ETF’s Liquidation
ETFs that close down have to follow a strict and orderly liquidation procedure. The liquidation of an ETF is similar to that of an investment company, except that the fund also notifies the exchange on which it trades that trading will cease.
Shareholders typically receive notification of the liquidation between a week and a month before it occurs, depending on the circumstances. The board of directors or trustees of the ETF will approve that each share is individually redeemable upon liquidation, since they are not redeemable while the ETF is still operating. They are redeemable in creation units. Fink Aspires to No. 1 Fund Manager With Barclays Unit
BlackRock Inc., the bond boutique co- founded in a one-room office by Laurence Fink in 1988, is a step closer to becoming the world’s biggest money manager after emerging as the leading bidder for Barclays Plc’s fund unit.
Fink has moved ahead of contenders for Barclays Global Investors including Bank of New York Mellon Corp., three people familiar with the talks said June 6. London-based Barclays, the U.K.’s third-largest bank, is seeking more than $12 billion for BGI, and may keep a 20 percent stake in the combined company, one of the people said. Will actively-managed ETFs kill traditional mutual funds?
ETF Billion Dollar Club: June 2009
The number of members in the ETF Billion Dollar Club held steady this month at 15, but there are changes in the roster. SPDR Select Sector Energy (XLE) is back in the club after a one-month absence, and iShares MSCI Brazil (EWZ) makes its first appearance of the year. The two funds losing their membership status since last month are iShares MSCI EAFE (EFA) and ProShares UltraShort Real Estate (SRS). The Case for Asian ETFs, expected to be worth up to $2 trillion globally by 2011
Myth Busting – Gold, Deflation and Hyperinflation (ETF: GLD)
There are a lot of myths and “old wives’ tales” out there about Gold and the frequently accompanying topics of inflation and deflation. In no particular order, I’d like to debunk three big ones with facts rather than universally accepted catch-phrases that prey on lazy investors and speculators.
1. “Dollar down, Gold up” or “Dollar up, Gold down”
Yes, this is often true, but it’s a far from perfect correlation. The US Dollar and Gold are two different currencies traded on exchanges around the world. Because the Gold price is denominated in US Dollars, it is generally assumed that when the US Dollar goes down in price that Gold must go up in price. There is certainly a correlation here, to be sure. But even recent history shows it’s a dangerous game to play if you’re a speculator or intermediate-term investor. ETFs’ Troubled Cousins Bid For New Investors
Backers of exchange-traded notes are hoping financial markets settle down enough for investors to see the investment's advantages rather than just its credit-related risks.
Before the credit crunch, ETNs were sometimes lumped with their more popular cousins, exchange-traded funds, or ETFs. Although structured differently, both generally follow indexes and trade on exchanges like stocks. What’s Killing The U.S. Dollar And It’s Impact On Income Investors And Markets (SDS, SKF, QID, SRS, TWM, DUG)
While recent news on the US economy, especially the non-farms payroll data, as been positive (OK, more like less negative than expected), in the past weeks, a number of powerful long term market trends have continued in currency and commodities markets and should continue over the coming months, albeit with the usual short term counter moves. In sum, these include:
- The weakening dollar against all major currencies.
- The ensuing up trend in commodity prices (commodities are priced in USD) and their related currencies, the CAD and AUD against other major currencies.
