International High Yield Dividend ETF Launched
Investors now have access to higher-yielding companies in commodity-rich Australia, Brazil and Canada with the release of a new ETF from Guggenheim Funds Distributors, Inc. The new international fund, identified in the press release as Guggenheim ABC High Dividend (NYSE Arca: ABCS), will track the BNY Mellon ABC Index made up of 30 of the [...]
IndexIQ, Canada Small Cap ETF AUM Crosses $100 Million
A reputed name in index based investment solutions with focus on liquidity, IndexIQ, now has more than $100 million worth assets under management of its IQ Canada Small Cap ETF (CNDA). This milestone was reached in less than 12 months after the fund was launched in March 2010. This ETF is the only fund providing [...]
New Group of Currency ETNs Launched
Twelve new currency ETNs are now available for trade on Xetra. ETF Securities has issued the unique group of ETNs, which focus on foreign exchange rates with the euro, as well as emerging market currency. According to the press release, the new ETNs will allow investors the ability to capture exchange rates of the euro [...]
IndexIQ Builds Bridges with Canadian and Aussie ETFs
While other fund sponsors are scouring the earth for obscure and often illiquid markets, IndexIQ reaches out to tap two domestic countries left untouched by most of the industry. IndexIQ launched two Canadian and Australian funds yesterday to excited investors. The newest funds are perhaps the most “plain vanilla” of any of IndexIQ’s interesting lineup. [...]
WisdomTree Grows Two New American Dollar ETFs
WisdomTree has filed with the SEC to create two new funds that track the change of the American dollar against a basket of world currencies. The new funds will compete with PowerShares US DB Dollar ETF (UUP: Quote, Profile, Advanced Chart, News), which has attracted more than $3 billion from investors. The WisdomTree Rising Dollar [...]
Limp Currency Funds Revive with a Fresh Investment Infusion
The vitality of currency ETFs was long questioned, as only a few were operating with enough assets to cover expenses. However, investors recently have picked up the pace, investing nearly as much in October as the first nine months of 2009 combined. $548 million was added to currency ETFs in October, pushing the year to [...]
Government Intervention Rekindles Currency ETF Carry Trade
An active central bank in the United States is keeping interest rates so low that traders are now re-entering carry trade positions to profit from the difference in bid and ask interest rates at foreign banks. As rates continue to fall in the United States, carry trade investments in other foreign currencies will only grow [...]
CurrencyShares Exchange Traded Products Declare Monthly Distributions
Rydex Investments today announced the distribution declarations for seven CurrencyShares exchange traded products: CurrencyShares Australian Dollar Trust (NYSE: FXA), CurrencyShares British Pound Sterling Trust (NYSE: FXB), CurrencyShares Canadian Dollar Trust (NYSE: FXC), CurrencyShares Euro Trust (NYSE: FXE), CurrencyShares Mexican Peso Trust (NYSE: FXM), CurrencyShares Russian Ruble Trust (NYSE: XRU), and CurrencyShares Swedish Krona Trust (NYSE: [...]
Rydex Extends Monthly Distribution on CurrencyShare ETFs
Seven of the CurrencyShares-brand ETFs from Rydex Investments have announced a monthly distribution for December. The exchange-traded products track currency of various countries around the world on the NYSE, and the payable date will be December 8, 2008. According to the Rydex Investment press release, the scheduled distributions will range from $0.092 for CurrencyShares Canadian [...]
RevenueShares Goes the Extra Mile with New International ETF
RevenueShares has taken international investing to a new level with the debut of its new ETF on the NYSE Arca. The RevenueShares ADR Fund (RTR: Quote, Profile, Advanced Chart, News) is designed to rank its holdings with a revenue weighting process and offer stronger diversification, according to the Business Wire press release. RTR tracks the [...]






















