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 [...]
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 Trade Agreement Set to Propel Taiwan ETF
This week Taiwan and China will be finalizing a major economic pact that will significantly enhance trade between the two countries. As a result, ETFs that track these two markets are projected to reap the benefits. The Economic Cooperation Framework Agreement, which is scheduled to be finalized on Tuesday, will most notably reduce tariffs on [...]
Two Emerging Markets Don’t Reach Next Level
In June of each year, MSCI performs an annual review to declare whether any country up for evaluation will be reclassified to a different market level. MSCI also communicates whether any new countries will be reviewed for the upcoming year. According to the press release, this year’s market classification review had no changes from the previous [...]
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 [...]
Small ETFs Can Post Big Gains Too
A relatively unknown name in the exchange-traded fund industry, Asia Tigers Fund Inc. (GRR) is boasting hefty returns while the US markets continue to stagnate. The fund, which suffers from low volume and a relatively small market cap, continues to be a top performer, showing gains of 54% year to date. Managed by Blackstone Asia [...]
EEG Proves that You Can Never Judge an ETF by its Name
A freshly launched exchange-traded fund from Emerging Global Shares promised broad diversification amongst emerging markets, though the fund’s holdings show otherwise. The Emerging Global Shares’ Dow Jones Emerging Markets Titans Composite Index Fund (EEG: Quote, Profile, Advanced Chart, News) seeks to invest in a vast array of stocks, but its current picks are not necessarily [...]
Taiwanese Stock Rally Halts iShares ETF
Upon digesting the news that China Mobile would purchase a 12% stake in a Taiwanese telecom, Taiwanese stock as a whole climbed nearly 7% to reach their session allotted maximum. As traders halfway around the world embarked upon the gravy train, cashing in on the iShares MSCI Taiwan Index (EWT: Quote, Profile, Advanced Chart, News), [...]
Ivy League Leading Endowment Invests Heavily in ETFs
Among the eight Ivy League universities of the Northeastern United States, the institution with largest financial endowment diversifies with domestic and international ETFs. Despite the diversification of ETFs internationally, the $37 billion endowment for Harvard University is not immune to the current economic woes, according to Indie Research. The top three positions of the endowment [...]
Barclays Lists Two New ETFs on Australia Exchange
The Australian Securities Exchange (ASX) has just increased international exposure as Barclays Global Investors (BGI) listed two new ETFs. The new ETFs will provide investors on the ASX with access to the BRIC companies (Brazil, Russia, India, and China), as well as the largest companies of Asia. The Investor Daily article identifies the first of [...]
