International ETFs, the Big Seven
With the economy still showing concern in the U.S. and job rates still high, many investors are looking at equity investments outside the US. One of the easiest ways of investing internationally is with Exchange-Traded Funds or ETFs. Of the roughly 1,500 ETFs available to trade, there are 7 large ones that focus on international markets.
Three New ETFs from AdvisorShares Ready for Launch
Traders will soon have access to a unique forward-looking approach to investing with the upcoming release of three new ETFs from AdvisorShares Investments on June 21, 2011. The press release identifies the three new ETF, to be managed by Madrona Funds, as: 1. AdvisorShares Madrona Forward Domestic ETF (FWDD) 2. AdvisorShares Madrona Forward International ETF [...]
International High Yield Dividend ETF Launched
Investors now have access to higher-yielding companies in commodity-rich Australia, Brazil and Canada with the release of a new ETF from Guggenheim Funds Distributors, Inc. The new international fund, identified in the press release as Guggenheim ABC High Dividend (NYSE Arca: ABCS), will track the BNY Mellon ABC Index made up of 30 of the [...]
First Canada Preferred ETF Unveiled
For the first time, investors now have the ability to follow the performance of preferred stock issuing companies in Canada. Global X Funds has just released a new ETF known as Global X Canada Preferred ETF (ticker: CNPF). According to Bruno del Ama, chief executive officer of Global X Funds, “CNPF provides a relatively efficient [...]
Direxion Adds Four New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of four new funds. The new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Agribusiness sector and Russia. According to the press release, the new funds are listed as: [...]
First Automobile Manufacturing ETF Drives onto the Scene
The first automobile manufacturing ETF gets the green light to begin trading May 10, 2011 on the NASDAQ Stock Market. First Trust Advisors L.P. will sponsor the new fund, known as First Trust NASDAQ Global Auto Index Fund (ticker: CARZ). According to the press release, CARZ will track the NASDAQ OMX Global Auto Index, which [...]
Small-Cap Oil ETF Ready for Launch
A new oil tracking ETF is about to slide onto the scene. The fund, known as IQ Global Oil Small Cap ETF (ticker: IOIL), will track smaller oil companies in more than ten countries around the world. The U.S. will carry the biggest weight with nearly half of the companies while Canada and Thailand round [...]
ETF To Track European Equity Volatility Launched
Bank of America, Merrill Lynch, and ETF Securities together are in the process of releasing the first ETF linked to volatility in the equity market in Europe. The ETF, IVSTOXX ETF, shall be listed on the LSE. The ETF shall track the EURO STOXX 50 Investable Volatility Index. This index covers 50 stocks that have [...]
34% Rise in Schwab’s ETF Assets – Reaches $111 Billion
ETF assets at Schwab grew to $111 billion, a 34% jump in a single year. The assets include those held in third party funds combined with ETFs issued by the company. Percentage of assets held by ETFs owned by retail investors rose by more than 61% in the last year. These investors now own 37% [...]
Vanguard Offers International Stock Index Fund For Investors
Vanguard Group has introduced a Total International Stock Index Fund. This fund shall track the MSCI All Country World ex-USA Investable Market Index. The fund covers developed markets like Canada and Europe as well as emerging markets like India, China and other Asian markets. Bulk of the fund’s exposure, more than 40%, is directed to [...]
