UBS continues to develop a suite of exchange-traded notes that appeal to yield-focused investors, recently expanding its lineup with a pair of ETNs that offer monthly leveraged exposure to dividend-paying stocks. Both of the new ETNs will be linked to indexes that currently serve as the basis for extremely popular dividend ETFs; the new UBS notes will amplify both the price swings and yields delivered by those benchmarks. The new ETNs are [see also 101 ETF Lessons Every Financial Advisor Should Learn]:
- ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN (DVYL)
- ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (SDYL) [click to continue…]
ProShares, the issuer behind a number of the ETFs offering exposure to alternatives, has notched another first for the ETF industry this week with the debut of a Covered Bond (COBO) product. The new ETF will seek to replicate the BNP Paribas Diversified USD Covered Bond Index, a benchmark that includes dollar-denominated covered bonds that [...]
Van Eck rolled out another international high yield product this week, debuting its Market Vectors Emerging Markets High Yield Bond ETF (HYEM). The new fund will seek to replicate the BofA Merrill Lynch High Yield US Emerging Markets Liquid Corporate Plus Index, a benchmark that consists of debt from issuers in a number of developing [...]
ArrowShares has made its first plunge into the ETF industry, announcing the launch of an ETF that targets high yielding securities in a number of different asset classes. The new Dow Jones Global Yield ETF (GYLD) will be linked to an index that includes 150 of the highest yielding securities across three primary asset classes: [...]
PIMCO, fresh off the extremely successful launch of its Total Return ETF (BOND), has rolled out another actively managed bond fund that taps into a corner of the fixed income market that has generated significant interest in recent years. The new Global Advantage Inflation-Linked Bond Strategy Fund (ILB) will be comprised of inflation-protected bonds, securities [...]
UBS, one of the largest issuers of ETNs including a number of commodity products, is the latest to make an addition to the fast-growing ETP lineup. The new ETRACS DJ-UBS Commodity Index 2-4-6 Blended Futures ETN (BLND) will take a unique approach to delivering exposure to commodity futures. The underlying Dow Jones-UBS Commodity Index 2-4-6 [...]
State Street, one of the largest ETF issuers by total assets, has thrown its hat into the active ETF ring with the launch of three multi-asset class products. The new ETFs, each of which will be structured as fund-of-funds, include: SPDR Multi-Asset Real Return ETF (RLY) SPDR Income Allocation ETF (INKM) SPDR Global Allocation ETF [...]
iShares continues to expand its suite of fixed income ETFs in 2012, rolling out a pair of ETFs that bring a new level of granularity to corporate bonds. The Baa-Ba Rated Corporate Bond Fund (QLTB) and B-Ca Rated Corporate Bond Fund (QLTC) will seek to replicate indexes comprised of bonds with specific credit ratings, segmenting [...]
Industry veteran Van Eck is adding the Market Vectors Wide Moat Research ETF (MOAT) to its global lineup of over 50 offerings. The new Van Eck ETF, which began trading this morning on the NYSE Arca, will offer exposure to equity markets with a twist; MOAT is based on the concept of ” wide moats” [...]
Activity on the product development front is firing on all cylinders for Guggenheim today; the industry veteran is launching three fixed income funds to add to its growing lineup of target date bond offerings. The new ETFs, which begin trading on the NYSE Arca this morning, will offer investors a creative way to tap into [...]
With earnings season in full swing on Wall Street, activity on the product development front has shown no signs of slowing down. iShares is set to debut a new emerging markets corporate bond ETF today, while RBS and Global X are also making strides to beef up their product lineups with a new China Trendpilot [...]
