ETF Report

 Room to share: Stretching the S&P 500 thin

It’s true that almost every mutual fund company offers some sort of index fund based on the S&P 500 benchmark, often attracting a fair share of the pie for index products. But the mutual fund industry is a multitrillion-dollar industry with plenty of room for products that appear to be very similar.

ETF Report

 ETFs May Change, but HOLDRs are Forever

Though they are often set aside or excluded in discussions about exchange-traded funds, the assets under management for Merrill Lynch’s Holding Company Depositary Receipts, or HOLDRs, have been growing steadily right alongside standard ETFs.

Journal Of Indexes

Diversifying Via Sectors

New Sector Indexes Offer Some Advantages

ETF Report

 The Rise of Global Sector Investing

The last month has seen the launch of tradable blue chip global sector indices by FTSE and Dow Jones. Introduced on February 12 and developed in consultation with Merrill Lynch, the FTSE global sector indices cover 11 sectors.

ETF Report

 ICF: Barclays’ new REIT iShare

Some in the ETF industry think that Barclays’ new iShares Cohen & Steers Realty Majors Index Fund, launched February 2 with an undisclosed amount of startup capital, will appeal to institutional investors; others consider it a retail product. Barclays says it has appeal in both spheres.

ETF Report

 Omaha Firm Launches a First Fund of ETFs

Everest Funds Management LLC, located in Omaha, Nebraska, launched a fund of ETFs December 1, 2000. The concept is new, and this is the first fund of ETFs ever to be launched.

ETF Report

 There’s an Elephant in The Room

When the American Stock Exchange released its year 2000 statistics, it gleefully noted that the amount of money invested in ETFs, including HOLDRS, had more than doubled to $70.3 billion in invested assets, up from $35.9 billion at the end of 1999. But upon closer inspection of the 2000 year-end data, a skewed picture emerges.

ETF Report

 Shorts Strong in 2000; the QQQ Helped

Despite the bruising the Nasdaq took last year, the market system broke records for volume and dollar value of shares traded.