Canada

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 [...]

For the first time, investors now have the ability to follow the performance of preferred stock issuing companies in Canada. Global X Funds has just released a new ETF known as Global X Canada Preferred ETF (ticker: CNPF). According to Bruno del Ama, chief executive officer of Global X Funds, “CNPF provides a relatively efficient [...]

A new oil tracking ETF is about to slide onto the scene. The fund, known as IQ Global Oil Small Cap ETF (ticker: IOIL), will track smaller oil companies in more than ten countries around the world. The U.S. will carry the biggest weight with nearly half of the companies while Canada and Thailand round [...]

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 [...]

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 [...]

Planning for the future, Direxion has filed with the SEC to create 36 new funds. 34 of these will be bullish and bearish triple leveraged funds, all pending during the heat of a SEC review. Following the popularity of geographically centered ETFs, many of the new funds will be leveraged around a portfolio of stocks [...]

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 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 [...]

A Canadian firm is trying its luck with a gold ETF, hoping its niche will shine through the established competition. Sprott Asset Management has filed with the SEC for a $575 million gold trust IPO. The Sprott Physical Gold Trust (PHYS) will be dual listed on the NYSE and Toronto Stock Exchange, and the ETF [...]

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 [...]