First Mexico Small-Cap ETF Debuts
Investors now have the ability to easily track the performance of small-cap companies in Mexico with the release of a new ETF by Global X Funds. The new fund is known as Global X Mexico Small-Cap ETF (ticker: MEXS) and is the first of its kind. According to Bruno del Ama, chief executive officer of [...]
WisdomTree Funds Take a Trip to Mexico
WisdomTree will take nine of its most popular US listed funds across the border to list on Mexican stock exchanges. The move will allow the fund to tap into a growing investment class in Mexico and bring variety to a limited marketplace. WisdomTree’s move comes six years after iShares first moved its funds south of [...]
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 [...]
Mexico Index Could Incite a Flurry of New ETFs
Dow Jones Indexes have created a new Titans-branded index designed to track the biggest blue chip names on the Mexico stock exchange. The index, which launches today, has already received the interest of one international bank, which plans to turn the fund into an ETF. The index will equally weigh issues according to their float [...]
U.S. ETFs Secure Passport to Chile
iShares will soon expand its market of exchange-traded funds to Chile, creating local entities while simultaneously bringing a number of US-listed ETFs to the exchange. The products will be cross listed, similar to ADR listings on the New York Stock Exchange. iShares is a leader in international exchange traded funds, bringing all the major markets [...]
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 [...]
JP Morgan Adds to its ProShares Management Repertoire
As ProShares extends its double and triple leveraged funds around the world, it is seeking the help of JP Morgan Worldwide Securities Services, which already manages 64 different ProShares funds with more than $25 billion in assets. The agreement between the two firms will add another eight funds to the list of those managed by [...]
Barclays Acquires Largest Mexican ETF Issuer
Barclays Global Investors announced a key acquisition of the largest exchange-traded fund sponsor in Mexico, a sign that even with the sale of iShares, Barclays will remain a big player in the ETF industry. Barclays already has an extensive line of exchange-traded funds that invest in the Latin American region but trade in the United [...]
Vaccinate Your Portfolio from the Swine Flu Pandemic
The stock markets have already begun exhibiting symptoms regarding the swine flu. Investors sent airline, retail and travel stocks and ETFs lower as analysts worried that consumers might change their buying habits should a worldwide pandemic ensue. Exchange-traded funds allow investors to better invest in changing market conditions, acting upon world events more quickly and [...]
Airline ETFs Nosedive on Swine Flu Pandemic
Today’s earnings reports may be Wall Street’s last concern. Popular airline ETFs plunged as the swine flu pandemic threatens international relations and business travelers. Increasing international tensions regarding travel have investors worried. Ahead of the bell, the European Union warned travelers to avoid the United States and Mexico, while the State Department is expected to [...]
