Still Awaiting the First Trade of 2009 in These ETFs
January 16, 2009 by Ron Rowland
Filed under Commentary, ETFs, Humor
You can be the first person to execute a trade in 2009 for two different ETFs! That’s right, these two beauties remain unspoiled – they have not seen any action at all this year – nada, zip! And, best of all, with no prices printed in 2009, their year-to-date performance of 0.0% far exceeds the returns of the S&P 500, or just about any other market benchmark.
The two wallflowers of 2009 are Claymore US Capital Markets Bond ETF (UBD) and SPA MarketGrader 200 Fund (SNB).
So, what are you waiting for? You can be first. Think of the stories you can tell your friends, your kids, and your grandchildren. This is a limited-time opportunity to buy something that no one else is interested in. Act now, before these ETFs shut their doors.
Disclosure: I have no positions in these ETFs and don’t know anyone who does.
For those of you who were wondering how this turned out, UBD had its first trade of the year on 1/20. SNB wins the award for being the last to start. Its first trade of the year took place on 1/21. Congratulations if it was you.