The Price of Gold ETFs – Rising or Falling???
According to the World Gold Council, the price of an ounce of gold in 2009 averaged $972.32 while the price of an ounce in 2010 averaged $1,224.52. Athough 2010 was the second-best year for exchange-traded products backed by gold, the net inflow fell 41% from 2009. Inflows into ETFs and other exchange-traded products have declined [...]
Van Eck Offers New Small Cap India ETF
Investors will now have another ETF available to capture India’s small cap equity market with the launch of a new ETF by Van Eck. Last month, EG Shares introduced the first small cap ETF for India. The new ETF from Van Eck, known as Market Vectors India Small-Cap Index ETF (SCIF), will track the Market [...]
iShares Debuts Group of International Sector ETFs
BlackRock, the ETF provider of the popular iShares brand, has just launched nine international sector ETFs that provide exposure to both developed and emerging markets. The new ETFs will trade on the NYSE Arca. The unique funds will track their respective MSCI All Country World ex USA sector index and carry a 0.48% expense ratio, [...]
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) [...]
PowerShares Uncovers a Stockpile of Small Cap ETFs
While other sponsors are busy tending to a growth in fixed income ETFs, PowerShares is carving out a niche of its own in small cap funds. The issuer launched nine funds on Wednesday. The funds and their respective ticker symbols are as follows: 1. PowerShares S&P SmallCap Consumer Discretionary Portfolio (XLYS: Quote, Profile, Advanced Chart, [...]
Global X Seeks to Expand Empire with 13 New ETFs
Global X Funds will take on its largest expansion yet, filing with the SEC to create thirteen new ETFs. Six of the new funds will target Chinese sectors, while the other seven are set to tap markets typically unavailable to U.S. investors. The Chinese funds are as follows: Global X Consumer, Global X China Energy, [...]
Coal Profits from Overpriced Natural Gas Funds
Coal funds have been feeling downward pressure, as its industrial use experienced a mild contraction due to decreased manufacturing. However, in recent days, the undervalued coal industry has received an encouraging boost from overpriced natural gas funds limited by the CFTC. Much of the growth in price of coal exchange-traded funds is due to a [...]
Steel Fund Outperforms Inflation, but Investors Cast Alloy Doubts
The inflation-inspired trade, which has been persistent as ETF investors analyze the government’s growing influence in the credit markets, has sent ETF prices higher. Despite the increase in stock prices, investors are still concerned that commodities, particularly steel, may not rise until demand for the metal increases. Global steel production has softened from its 2008 [...]
Will 2009 Be the Year of Actively Managed ETFs?
Last year was the time of exchange-traded commodity funds, ranging from oil and gold to wheat, corn, and basic building metals. Just one year later, exchange-traded funds have grown tremendously to take a foothold in the actively-managed space. Of the handful of firms entering the actively-managed scene, very few are expecting immediate success. Considering that [...]
Materials ETFs Are Struck with Bearish Hammer
International government stimulus packages drove the price of raw building materials higher, but some investors believe the ride may soon come to a halt. Large option contracts suggest that large money investors are finding bearish material plays more rewarding, despite bullish inflationary signals. Since March, materials ETFs have skyrocketed, fueled in part by a global [...]
