Direxion Adds Five New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of five new funds. Four of the five new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Materials and Healthcare industries, which are both said to be currently trading [...]
Andean Region ETF – Global X FTSE Andean 40
Global X Funds has launched the first ETF to focus on the Andean region – the Global X FTSE Andean 40 ETF. The ETF tracks an index composed of 40 biggest corporate organizations in South American countries Chile, Colombia and Peru. The top 10 companies make up more than 50% of the entire holdings of [...]
iShares Announces Launch of New iShares Russia Exchange Traded Fund
BlackRock, Inc. announced that the iShares Exchange Traded Funds (ETFs) business, the world’s largest manager of ETFs, launched the new iShares MSCI Russia Capped Index Fund (ERUS) on the NYSE Arca. The new fund launch completes the suite of iShares BRIC single country funds. In addition, with the launch today, the iShares international single country [...]
