ETF Week: Equal Wt Fund Debuts; iShares Adds To LQD Suite
Plus, Global X unveiled its cheap approach to the preferred securities space.
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Below is a roundup of key developments in the ETF space during the week started Sept. 10, 2017:
Launches
- Goldman Sachs debuted a low-cost rival to Guggenheim’s equal-weighted S&P 500 fund.
- iShares rolled out investment-grade corporate bond ETFs that complement its $37 billion blockbuster iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
- New Global X fund offered lowest-cost exposure to preferred securities by a wide margin.
- Credit Suisse launched a pair of 3x leveraged/inverse ETNs tied to the Brent crude oil price.
Filings
- USCF plans “contango killer” commodity ETFs with no associated K-1 tax forms.
- USCF files for two ETFs that will cover companies likely to be the investment targets of private equity firms.
- State Street Global Advisors filing covers three “new economy” niche ETFs tracking indexes from Kensho.
And don’t forget our lists of launches, closures and filings.
Contact Heather Bell at [email protected]
