The Royal Bank of Scotland (RBS) introduced five new exchange traded notes (“ETNs”) on November 15. The new ETNS are based on “enhanced” versions of Rogers International Commodity Indexes (“RICI”). The underlying indexes were developed by RBS and Jim Rogers in October 2007 and have been maintained...Pyxis Enters ETF Arena With Senior Junk Fund
Pyxis Capital, the fund investment advisory spun-off from Highland Capital Management earlier this year, made its initial foray into the ETF arena with its November 7 launch (press release) of the Pyxis/iBoxx Senior Loan ETF (SNLN). The underlying Markit iBoxx USD Liquid Leveraged Loan Index is comprised...Vanguard Fires MSCI, Should You Fire Vanguard?
Vanguard has fired MSCI. Twenty-two Vanguard index funds that were tracking stock indexes from MSCI will soon be following FTSE and CRSP indexes. What does this mean to you? Should you be concerned? Should you fire Vanguard as your ETF vendor? Read on for answers. Background: On October 2,...Ron Rowland Speaking to Austin AAII
I will be speaking to the Austin Chapter of the American Association of Individual Investors (“AAII”) this coming Monday (November 19, 2012). The title of my presentation is “Building a Dividend & Income Portfolio with ETFs.” Everyone is welcome and encouraged to attend. Date:...ETF Deathwatch for November 2012: List Shrinks As Deaths Increase
The quantity of products on ETF Deathwatch for November shrunk by nineteen compared to a month ago. However, readers should not assume this is the result of an improved ETF landscape. Instead, it’s because ETFs and ETNs are actually dying and closing. The changes for November consist of just...ETF Stats for October 2012 – Another Record Number of Closings
A record number of exchange traded product (“ETP”) closures took place in October. The 30 delistings broke the old record of 24, which sponsors established just one month ago. The year-to-date closure count of 89 (as of October 31) is already a calendar-year record, and at least eight more ETFs...