Smart Grid ETF Launched by First Trust Advisors

The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) was launched on Tuesday (11/17/09). This ETF focuses on stocks in the electric energy infrastructure and distribution grid subsector. The fund will typically invest in companies engaged in electric grid, metering devices, networks, energy storage and management, and enabling software used with the smart grid infrastructure.

More
Barclays Launches No-Reset Leveraged ETNs | Thu, November 19th, 2009

Be careful what you wish for. For all the leveraged fund critics that either do not like or do not understand daily (or monthly) reset of leverage and want a vehicle without path-dependent performance, your wish has come true. However, unless you bought them yesterday, you will not be getting the exact 2x or 3x index exposure you desire. You can’t have everything.

Will UNL Work Better Than UNG? | Thu, November 19th, 2009

The official-sounding but totally private United States Commodity Funds has launched another ETF based on natural gas prices. United States 12 Month Natural Gas Fund (UNL) started trading 11/18/09. It joins the firm’s previous offering, United States Natural Gas Fund (UNG) in an attempt to offer small investors an easy way to participate in the natural gas market.

More Posts

Leadership Strategy Holdings

What We're Reading