United States Commodity Funds rolled out another addition to its suite of “third generation” commodity ETPs this week, debuting a fund that will take a unique approach to delivering access to agriculture commodities. The United States Agriculture Index Fund (USAG) will implement a variation of the methodology used by USCI, dubbed the “contango killer” commodity ETF, that debuted in 2010 and has accumulated about $400 million in assets. Instead of maintaining static weights to various agricultural commodities, USAG will seek to replicate an index that shifts exposures based on current market conditions [see Free Report: Everything You Need To Know About Commodity ETFs]. [click to continue…]
Van Eck continued a recent trend of expansion in the junk bond ETF space today with the launch of a product that targets a unique segment of the high yield bond market. The new Market Vectors Fallen Angel High Yield Bond ETF (ANGL) will focus on debt that was originally rated as investment grade quality [...]
iShares continued its introduction of ETFs targeting high yielding asset classes with the debut of two more funds on the BATS Exchange this week. The Global HighYield Corporate Bond Fund (GHYG) completes a trio of junk bond ETFs to debut this week that target markets outside the U.S., while the Morningstar Multi-Asset Income Index Fund [...]
iShares introduced a pair of new ETFs this week that offer exposure to junk bonds from issuers outside the U.S., opening a new segment of the global fixed income market that had previously been difficult to access. The two new funds include a product that targets junk bonds from emerging markets as well as a [...]
Van Eck notched yet another first for the ETF industry today with the launch of a product designed to deliver exposure to high yielding bonds from international issuers. The Market Vectors International High Yield Bond ETF (IHY) will seek to replicate an index comprised of below investment grade debt from issuers in both emerging and [...]
ProShares announced last week an expansion to its lineup of 3x leveraged ETFs, rolling out a fund that delivers -3x daily exposure to long-term U.S. Treasuries. The new UltraPro Short 20+ Year Treasury (TTT) will seek to deliver daily results that correspond to -300% of movements in the Barclays Capital U.S. 20+ Year Treasury Index, a [...]
Guggenheim, a pioneer in the area of target date fixed income products, has responded to strong interest in its BulletShares product lineup with the launch of three more products targeting investment grade corporate debt maturing in a specific year. The recent addition, which took effect last week, extends the existing product lineup by three years, [...]
Teucrium, the Vermont-based firm behind a growing lineup of exchange-traded commodity products, announced today the launch of a new fund targeting agricultural resources. The Teucrium Agriculture Fund (TAGS) will offer equal exposure to the “big 4″ of the agriculture commodity space: sugar, corn, wheat, and soybeans [see also Special Report: In Search Of The Best [...]
Direxion, one of the largest issuers of leveraged and inverse ETFs, announced the addition of a non-leveraged ETF this week that will offer a unique way to access one of the world’s most widely-followed benchmarks. The new NASDAQ-100 Equal Weighted Index Shares (QQQE) will focus on the largest stocks listed on the tech-heavy NASDAQ, but [...]
UBS continued to expand its lineup of monthly leveraged ETPs this month, debuting a product that is designed to deliver amplified exposure to international real estate firms. The new Monthly Pay 2x Leveraged Dow Jones International Real Estate ETN (RWXL) will deliver leveraged exposure to a benchmark that consists of REITs from around the world, [...]
Van Eck, the firm that rolled out the first Indonesia ETF a little more than three years ago, introduced a complementary ETF today that will target small cap stocks in the emerging Asian economy. The Market Vectors Indonesia Small-Cap ETF (IDXJ) began trading on the NYSE Arca on Wednesday, becoming the first ETF to offer targeted [...]
