The first full trading week of the new year has shaped out to be fairly tame considering the very bullish start in 2013. With no major economic data releases to digest this week investors have turned their attention to corporate earnings, and Alcoa has kicked off the season on an upbeat note. Activity on the product launch front has also been quiet, with the most recent launch coming from iShares and its debut of the S&P MLP ETN (IMLP) on January 4; the development pipeline has, however, started to fill up as ProShares and newcomer Artivest Advisers have filed with the SEC [see ETF Launch Center].
Industry veteran ProShares, perhaps best known for their leveraged and short funds, is planning to expand its lineup of equity-focused
offerings with an interesting proposal [see our Alternatives ETF Center]:
- ProShares Global Direct Infrastructure ETF: According to the SEC filing, this ETF will seek to track the performance of the NMX 30 Infrastructure Global Index. The underlying portfolio will consist of 30 of the largest, most liquid, publicly-listed companies from global markets that are engaged in the development and provision of basic infrastructure facilities; some of the sub-sectors eligible for inclusion are toll roads/bridges, airports, pipeline networks, communications networks and power grids [see our Simple Safe Haven ETFdb Portfolio].
- Commodities Supercycle Artivest Trust ETF: According to the SEC filing, this fund will seek long-term total returns; the ETF will pursue an active strategy that uses long and short positions in equity and fixed income securities whose performance is driven in part by commodity price movements.
Follow me on Twitter @SBojinov
[For more ETF analysis, make sure to sign up for our free ETF newsletter or try a free seven day trial to ETFdb Pro]
Disclosure: No positions at time of writing.
ETF Database is not an investment advisor, and any content published by ETF Database does not constitute individual investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. From time to time, issuers of exchange-traded products mentioned herein may place paid advertisements with ETF Database. All content on ETF Database is produced independently of any advertising relationships. Read the full disclaimer here.
Are you enjoying ETF Database?
Get more articles like this one via our free daily e-mail newsletter or RSS feed.
Get access to special reports including How To Pick The Right ETF Every Time and Seven Simple & Cheap ETF Model Portfolios.
