The case of junior gold mining fund GDXJ needing to change its index as it grows is not an isolated problem.
Funds ‘HDGE’ and newcomer ‘SQZZ’ swim against the tide in search of returns and downside protection.
The ETF could be the first to derive its performance entirely from a securities-lending strategy.
Earlier this week, I reviewed several studies on active share and explained why it is not an indicator of outperformance. Today I’ll look at additional studies focusing on active share and fund turnover, as well as whether active share is predictive of future performance in emerging markets.
Why investment management is only getting harder.
ETF University is a complete series of articles that walks you through the basics of ETFs, teaching you everything you need to know to get started with these powerful investment tools.