Van Eck Reduces Expenses on Indonesia ETF
Van Eck announced that it has reduced the expense ratio on its Market Vectors Indonesia ETF (IDX) by 5%. The expense ratio has been reduced from 0.60% to 0.57%, undercutting its competitor by 2 basis points. For original article, click here.
IndexIQ Offers Suite Of Single Country ETFs
IndexIQ, a NY based firm offering asset management service is offering a line of single country ETFs with small capital outlay. The ETFs shall focus on high growth Asian countries like Hong Kong, Singapore, Indonesia, Thailand, Malaysia and Philippines. The firm aims to help US investors gain from the China success story by investing money [...]
iShares Launches 3 Country ETFs
Blackrock’s iShares has announced the launch of three new exchange-traded funds catering to specific geographic regions. Its newest funds center on Ireland, Indonesia and the United States. The three new funds are as follows: 1. iShares MSCI Ireland Capped Investable Market Index Fund (EIRL: Quote) 2. iShares MSCI Indonesia Investable Market Index Fund (EIDO: Quote) [...]
Direxion Skirts SEC Hold to File 36 Funds
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 [...]
iShares Traverses Four New Regional ETFs
Continuing to play on the popularity of regional investments, iShares is expanding its line of MSCI-tracking products with the addition of four new country-specific offerings. The funds target popular investment destinations, including Poland, China, Indonesia, and New Zealand. The four new funds are as follows: 1. iShares MSCI China Small-Cap Index Fund 2. iShares MSCI [...]
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 [...]
Emerging Global Advisors Introduces a Diversified Emerging Market ETF
Capitalizing upon the current popularity of emerging ETFs, Emerging Global Advisors has launched its second exchange-traded fund of 2009. The new fund, named Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund (EEG: Quote, Profile, Advanced Chart, News), seeks to track the Dow Jones Titan Index, but with several amendments to the original [...]
Indonesia: A Big ETF Play in a Small Country
As a victim of the 1990s Asian financial crisis, Indonesia has grown tremendously in less than the span of two decades. After getting its finances back in order, the country looks to outperform the rest of the emerging markets with its commodity rich economy. Indonesia is surely primed for an explosion in stock market wealth. [...]
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 [...]
New ETF Brings Indonesian Market to U.S. Exchange
American investors now have the opportunity to get a first taste of the Indonesian market with a new ETF just launched by Van Eck Global. The newly released ETF, known as Market Vectors Indonesia Index ETF (IDX: Quote, Profile, Advanced Chart, News), will track 25 of the largest and most liquid companies either located in [...]
