32 New ETFs and ETNs in 3 days
Last week 32 new ETFs and ETNs launched within a 3 day period. First Trust launched 13 new ETFs, and Barclay’s launched 19 new ETNs. First Trust’s new ETFs: First Trust Mid Cap Value AlphaDEX Fund (FNK) First Trust Mid Cap Core AlphaDEX Fund (FNY) First Trust Small Cap Value AlphaDEX Fund (FYT) First Trust [...]
ETFs Maintain Steady Growth in July
The July 2010 report from the National Stock Exchange finds that assets invested in exchange-traded funds continue to grow. In fact, the total accumulated assets has now exceeded $800 billion. For the month of July, assets invested in US ETFs and ETNs totaled more than $835 billion, which is a jump of approximately 29% compared [...]
June Report Confirms Impressive ETF Growth
An official release from the National Stock Exchange for June 2010 finds that exchange-traded funds have not only maintained strong growth, but there are now more than 1,000 ETFs listed for the first time. For the month of June, assets invested in US ETFs and ETNs totaled nearly $788 billion, which is a jump of [...]
New Group of Currency ETNs Launched
Twelve new currency ETNs are now available for trade on Xetra. ETF Securities has issued the unique group of ETNs, which focus on foreign exchange rates with the euro, as well as emerging market currency. According to the press release, the new ETNs will allow investors the ability to capture exchange rates of the euro [...]
New S&P ETN Shines with a Golden Twist
Taking advantage of two popular investment choices, UBS has released a new ETN centered on two products: index funds and gold. The fund will combine 100% long positions in both the S&P 500 index, as well as gold. The UBS E-TRACS S&P500 Gold Hedged Index ETN (SPGH: Quote, Profile, Advanced Chart, News) seeks to track [...]
New Volatility ETN: A Hedger’s Favorite
Artificially replicating the changes in the CBOE VIX index via an exchange-traded note proves to be no small task for the iPath ETF family. The ETF group has released two new funds to track short and mid-range volatility changes in the stock markets, as reported by CNN. The two funds are named iPath S&P 500 [...]
Market Anxiously Awaits Launch of ETNs related to the ‘Fear Index’
Volatility reached historical highs during 2008, and a major issuer of exchange-traded products is due to release two ETNs based on the performance of the CBOE Volatility Index (VIX) futures. The VIX, which is also known as the ‘fear index,’ measures the extent of overall uneasiness of future market expectations. John Spence of MarketWatch explains [...]
Record Growth for ETFs Despite Historically Weak 2008
Popularity of exchange-traded funds has been dramatically rising, evidenced by the latest trading results for 2008. In the midst of extreme economic uncertainty where the overall market has suffered one of the worst years in approximately 70 years, ETFs have continued to break records. For starters, PRNewswire points to the newly released National Stock Exchange [...]
Value Investing Now Available with Three New ETNs from Deutsche Bank
The concept of value investing, made popular by well-known investor Benjamin Graham, will now be accessible through the release of three new ELEMENTS brand ETNs on the NYSE. The Business Wire press release explains that Deutsche Bank has issued the new ETNs to track the Benjamin Graham Intelligent Value Indices, which were designed by Nuveen [...]
July Data Illustrates Continued U.S. ETF Growth
The combined invested assets within U.S. ETFs and ETNs through the first seven months of 2008 has maintained impressive growth over the previous year at the same time. PR Newswire points to the newly released National Stock Exchange (NSX) report that compares the total assets invested through July 2008 versus that statistic one year earlier. [...]
