The London Stock Exchange today admitted seven new iShares ETFs, taking the total number of ETFs on the Exchange to 200. First launched in 2000, the ETF market in London has continued its strong expansion in spite of difficult recent market conditions, with 18 new admissions and £12.2 billion worth of trading so far this year.
Pietro Poletto, Head of ETF and ETC Markets at London Stock Exchange Group, said:
“It is testament to the attractiveness of the ETF model that at time when equity markets are perceived as being quiet, the ETF market has continued to expand, with very strong trading activity, and regular new product issuance.”
The issuers on the Exchange’s ETF market are: Deutsche Bank, ETF Securities, Invesco Powershares, iShares and Lyxor. Between them, they issue 78 ETFs based on developed market equity indices; 21 fixed income based ETFs; 41 ETFs tracking emerging markets indices; 53 ETFs covering a broad range of industrial sectors or specific asset classes such as property, private equity or commodities, and seven ‘style’ ETFs that focus on specific investment approaches such as small caps or companies with a record of strong dividend payments. In addition, there are now 123 Exchange Traded Commodities and one Exchange Traded Note
- FAZ-The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the Russell 1000 Financial Services Index.
- DXD-The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Dow Jones Industrial Average index.
- QID-The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the NASDAQ-100 index.
- SRS-The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Dow Jones U.S. Real Estate index.
FORT LEE, N.J., April 16, 2009 /PRNewswire via COMTEX/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "Today, hyperinflation is the last thing on most Americans' minds because they can't see it yet and they don't know it's coming.
Imagine taking a bottle and putting into it a bit of bacteria that you can only see under a microscope. Now let's say this bacteria doubled in size every minute and after 55 minutes, you still don't see any bacteria. But then, five minutes later or one hour since the bacteria started doubling, the entire bottle is full of bacteria.
Massive monetary inflation is already taking place today. Nobody can see it yet because temporary forces have pushed consumer good and commodity prices down, which has tricked economists into believing deflation is the real problem.
However, almost every action President Obama, Congress, and the Federal Reserve take every single day is sowing the seeds for hyperinflation. You need to invest today as if hyperinflation is already here, because once it arrives it will be too late.
People often ask us, how to invest in gold and how much gold is too much to have. There is no such thing as having too much gold. Although you should never put all your eggs in one basket, it is much better to have all of your money in gold than to have it all in U.S. dollars. The U.S. dollar will inevitably return to its true value, which is zero. Gold will always retain its value; unless huge new gold discoveries are made, which is very unlikely.
Many Americans are afraid to invest heavily into gold because of its volatility.
Today's volatility in gold is nothing but noise that should be ignored. Many short-term traders buy gold for the wrong reasons. They buy it as a safe haven from stocks, and when stocks rally they sell their gold to buy stocks.
Full Story: http://www.cnbc.com/id/30252116/