Journal Of Indexes

Around The World Of ETFs

ETFs Approach $500 Billion

New research from Morgan Stanley found that inflows into U.S.-listed ETFs topped $11.6 billion in the first three months of 2007, bringing total ETF assets in the U.S. to approximately $480 billion. That actually represents a significant slowdown in asset growth, as it calculates out to just 10 percent annualized growth. In comparison, the industry grew 40 percent in 2006.

Features and News

PowerShares Launches Five ETFs

PowerShares further expanded its line-up of international exchange-traded funds (ETFs) this week with the launch of five new products on the American Stock Exchange (AMEX).

ETF Report

 Yet another alternative energy ETF trades

Van Eck has joined the race to capitalize on the growing interest in alternative energy. The company, which has its roots in commodities management, launched the Market Vectors Global Alternative Energy (NYSE: GEX) in early May. It is Van Eck’s sixth exchange-traded fund (ETF).

Features and News

Tracking Error In Exchange-Traded Funds

In ETFs, as in life, it's important to get what you pay for.

Features and News

An Alternative Energy Alternative

(Updated) Van Eck keeps the ETFs coming with a new global alternative energy fund.

Journal Of Indexes

AROUND THE WORLD OF ETFS

First Active ETF

The era of actively managed ETFs is set to begin. Bear Stearns became the first company to file a full prospectus for an actively managed ETF, submitting papers to the SEC on March 19 for a money-market-like fund called the "Bear Stearns Current Yield Fund." If approved, the fund will use active strategies in an attempt to deliver yields above and beyond the average money market account.

ETF Report

 First Trust launches Ex- Tech and Clean Edge ETFs

First Trust added two to its ever-expanding cadre: the Nasdaq-100 Ex-Tech (QQXT) and Nasdaq Clean Edge US Liquid Series (QCLN) ETFs. With 12 ETFs ranging from dividends to tech currently in its stable, First Trust plans on listing another 20 to 25 this year alone. The advisory, which manages some $28 billion in assets of for-profit businesses and not-for-profit organizations, has big ambitions for its fledgling ETF business, which, at the end of January, held just $613 million of the $422 billion invested in US ETFs.

Features and News

Non-Tech, Clean-Tech

First Trust expands its ETF line-up, leveraging the Nasdaq's growing indexing efforts.