FactorShares Introduces Spread Trading In ETF Wrapper
Last Thursday (2/24/11) a new sponsor arrived on the scene with a new breed of ETF. Factor Advisors, a New York-based asset management firm, announced (press release) the launch of FactorShares, the first family of “spread” ETFs. A spread is a type of trade in which one simultaneously holds both...
EBND & EDIV: Two New SPDR Emerging Market ETFs
State Street Global Advisors on Thursday (2/24/11) rolled out two new ETFs targeting local currency bonds and dividend producing stocks of emerging market nations: SPDR Barclays Capital Emerging Markets Local Bond ETF (EBND) and SPDR S&P Emerging Markets Dividend ETF (EDIV). SPDR Barclays Capital...
CRUD: Another Way To Buy 12 Months of Oil Contango
Teucrium Trading today (2/23/11) launched the Teucrium WTI Crude Oil Fund (CRUD), providing investors with unleveraged exposure to crude oil futures contracts. The fund’s objective is to reflect the daily percentage change in a benchmark consisting three varying West Texas Intermediate (Texas Light...
TBAR Captures Long-Term Gold Bar Trends
The Royal Bank of Scotland today (2/22/11) rolled out the third product in its U.S. lineup with the introduction of the RBS Gold Trendpilot ETN (TBAR). Performance for the new exchange-traded note (ETN) is linked to an index that tracks gold bullion when it is in a long-term uptrend and tracks T-bills...
ETF FONE Home
First Trust today (2/18/11) introduced a new ETF targeting the rapidly growing global smartphone industry. First Trust NASDAQ CEA Smartphone Index Fund (FONE) includes stocks of companies primarily involved in design, fabrication, and distribution of handsets, along with hardware, software, and mobile...
New ETF Targets 5 of 10 ASEAN Countries
Global X today (2/17/11) introduced the newest member of its regional ETF offerings with the launch of Global X FTSE ASEAN 40 ETF (ASEA). There are 10 countries that currently comprise the Association of Southeast Asian Nations (ASEAN), but ASEA holds the 40 largest companies from just five of them. The...
Fidelity Increases Commission-Free ETFs to 31
Consumers everywhere agree – price wars are the best wars on the planet. The ETF trading commission price war makes ETF investors happy and their wallets a little thicker. Fidelity today (2/16/11) announced the addition of five more iShares ETFs to its $0 commission lineup. This brings the total...
Barclays Halts Creation of Its No-Reset -3x S&P ETN
Barclays announced 2/9/11 that it has temporarily suspended “sales from inventory” of the Barclays ETN+ Short D Leveraged Exchange Traded Notes Linked to the Inverse Performance of the S&P 500® Total Return Index (BXDD). If you know what those are, you are part of a very small group. Since...
The Impending Collapse of the 30% Premium for EGPT
Note: The Egyptian Exchange extended the closure multiple time. Therefore, the timeline for the collapse scenario outlined below has been delayed. The premium for EGPT will disappear once share creation resumes, which is estimated to be one or two market days after the Egyptian Exchange reopens. Many...
Shorting Inflation Protection with TPS
ProShares on Thursday (2/10/11) introduced the first ETF to track the inverse performance of TIPS – Treasury Inflation Protected Securities. ProShares UltraShort TIPS (TPS) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays...
