U.S. ETFs Embark on a Trans-Atlantic Flight
NASDAQ OMX Group and HQ Bank have announced the creation of a new portfolio of ETFs comprised of international favorites. The goal is to promote exchange-traded fund investing in Sweden with the use of internationally respected ETFs. The exchange-traded funds will begin trading in Stockholm in October pending regulatory approval, according to a press release. [...]
New Nordic ETF Sets Precedence on NYSE Arca
Global X Management has launched a new ETF on NYSE Arca, allowing American traders to invest in Nordic European countries. The Global X FTSE Nordic 30 ETF (GXF) offers exposure to the largest and most liquid stocks in Sweden, Denmark, Finland, and Norway. The new ETF will track the FTSE Nordic 30 index minus fees [...]
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 [...]
Access to Russian Currency Now Afforded by New Rydex ETF
Rydex has expanded its collection of eight CurrencyShares ETFs with the launch of a new product to track Russian currency. According to the Market Wire press release, CurrencyShares Russian Ruble Trust (XRU: Quote, Profile, Advanced Chart, News) provides the first currency exposure to the Russian economy and has just begun trading 1,000 Rubles per share [...]
