Everyone knew the odds were stacked against ETF Advisors’ series of fixed income ETFs (see ETFR, April 2003, page 2), but hardly anyone predicted a rapid demise.
In November 2002, ETF Advisors launched four Treasury Fixed Income Trust Receipts, adding FITRS (pronounced 'fighters') to the list of diamonds, spiders, holders and boulders that fill the ETF arena.
The iShares MSCI Austria Index Fund is a very small ETF, with less than $20 million under management, but it’s linked with what turned out to be one of the hottest markets in the world last year.
Exchange-traded funds in the US have become a $100 billion investment product again.
Defensive investors, battered by another tumultuous year for equity markets, may be ready to break long-established patterns of putting off taxing decisions until the last minute.
The archrivals of exchange-traded funds continue to spar, and the S&P 500 SPDR continues to outpace the QQQ as the year draws to a close.
Almost as quickly as it began, talk of the Japanese government’s buying ETFs to prop up a falling stock market has dissipated
The QQQ was once in striking distance of overtaking the S&P 500 SPDR and becoming the largest exchange-traded fund.
With more than C$3.3 billion (US$2.1 billion) under management, the iUnits S&P/TSE 60 Index Participation Fund is to the Canadian ETF market what the S&P 500 SPDR is to the US market.