A major decision for investors in exchange-traded funds is choosing an index, because the main differentiator among products is the indices they track. Following are some features of the chief index providers.
Exchange-traded funds began trading on the New York Board of Trade’s New York Futures Exchange on October 5 after receiving approval from the Commodity Futures Trading Commission.
In a recent report called “Index-Linked Exchange-Traded Funds,” Morgan Stanley Dean Witter discussed a variety of investment considerations for those looking to buy ETFs.
Two new Exchange Traded Funds began trading on the American Stock Exchange on October 10.
Chicago-based Nuveen Investments announced in mid-October that they will be launching the first in a series of equity exchange traded funds as soon as they receive SEC approval.
Morgan Stanley Dean Witter in London launched Optimised Portfolios as Listed Securities (OPALS), which akin to ETFs are backed by baskets of stocks in an index, on two more indices in mid-October.