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, [...]
ETFs Showcase Utility with Structured Products
Through structured products, exchange-traded funds are earning another use by the banking industry. Normally centered on popular indexes, structured products can better track returns with exchange-traded funds. Two banks, Bank of America and Credit Suisse, both issued notes this week using exchange-traded funds as their underlying indexes. Bank of America launched a two-year leveraged note [...]
Utility ETFs Shine as Dividend Plays
Considered one of the most boring industries, utilities are emerging as one of the most interesting for the dividend investor. With the chance of capital gains and yields that beat treasuries, investors should give a second glance to utility ETFs. One utility ETF, the Utilities Select Sector SPDR exchange-traded fund (XLU: Quote, Profile, Advanced Chart, [...]
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, [...]
State Street Makes a New Charge into Bond ETF Space
State Street has blanketed the fixed income ETF space with a new filing with the SEC for seven funds. The new ETFs will cover some of the most popular fixed-income products currently trading on the stock exchanges. The seven new ETFs are as follows: 1. SPDR S&P Agency Bond ETF 2. SPDR Barclays Capital Corporate [...]
EG Shares Races to Bring Brazil to Market
Facing stiff competition from other fund sponsors, Emerging Global Shares brought its newest fund to market in just four months, hoping to quell interest from other fund issuers in emerging markets. The Brazil Infrastructure Index ETF (BRXX: News) builds on a general interest among investors in both emerging-market and infrastructure sector ETFs. The fund will [...]
PowerShares Vies for Small Cap Domination
PowerShares has filed to create 10 new small cap ETFs to take advantage of extreme investor demand for niche industry ETFs. Small cap stock funds have been in heavy demand, with investors betting small names will outperform larger companies in a year of recovery. The ten new proposed funds are as follows: 1. PowerShares S&P [...]
New ETF Taps into China’s Energy
Capitalizing on high energy demand in China, Global X Management launched the Global X China Energy ETF (CHIE) on Wednesday. The fund is the first to tap into the strength of energy and utility companies inside mainland China. The fund will seek to replicate the returns of the S-BOX China Energy Index. The underlying index [...]
PowerShares Hopes to Introduce the First Sector Bond ETFs
PowerShares has filed with the SEC to tap into a highly demanded exchange-traded fund niche. In the filing, four funds, three sector specific bond funds, and one convertible bond fund are outlined to tap into incredible demand for fixed income ETFs. The four funds are as follows: 1. PowerShares Financial Corporate Bond Portfolio 2. PowerShares [...]
Oklahoma ETF is Essentially a Small Cap Energy ETF
OOK Advisors launched the Oklahoma Exchange Traded Fund (OOK: Quote, Profile, Advanced Chart, News) fund hoping to find solid support from Oklahoma investors, as well as those interested in single-state investments. Upon perusing the list of companies in the fund, this ETF may attract small cap energy investors as well. The exchange-traded fund seeks out [...]
