Coming & Going: June 2011
|May ETF Launches|
|EATX||Global X Food ETF||$1.5||11,100|
|FISN||Global X Fishing Industry ETF||$2.8||7,600|
|MEXS||Mexico Small-Cap ETF||$1.5||3,000|
|IOIL||IQ Global Oil Small Cap ETF||$2.0||45,600|
|SPHB||S&P 500 High Beta Portfolio||$2.4||67,700|
|SPLV||S&P 500 Low Volatility Portfolio||$2.5||35,900|
|CARZ||NASDAQ Global Auto Index Fund||$3.0||1,800|
|BONO||LatAm Aggregate Bond ETF||$7.7||4,000|
|FMK||Mega Cap AlphaDEX Fund||$2.0||1,100|
|HKK||IQ Hong Kong Small Cap ETF||$2.0||26,200|
|VROM||Global X Auto ETF||$1.5||2,400|
|GRPC||Growth At A Reasonable Price ETF||$14.8||183,500|
|EQIN||Equity Income ETF||$9.9||11,600|
|AGRG||Aggressive Growth ETF||$5.0||500|
|CONG||Consistent Growth ETF||$10.0||11,800|
|ITIP||International Inflation-Linked Bond Fund||$5.1||1,800|
|GTIP||Global Inflation-Linked Bond Fund||$5.1||8,600|
|CNPF||Global X Canada Preferred ETF||$1.5||21,200|
|UUPT||3x Long U.S. Dollar Index Futures ETN||n/a||12,800|
|UDNT||3x Short U.S. Dollar Index Futures ETN||n/a||400|
|RUSL||Daily Russia Bull 3x Shares||$4.9||1,100|
|RUSS||Daily Russia Bear 3x Shares||$3.3||100|
|COWL||Daily Agribusiness Bull 3x Shares||$4.6||700|
|COWS||Daily Agribusiness Bear 3x Shares||$3.5||600|
|BDCL||ETRACS 2xLeveraged Long Wells Fargo Business Development Company ETN||$10.6||300|
|CVRT||Convertible Securities Portfolio||$10.1||4,300|
|LBTA||Russell 1000 Low Beta ETF||$5.0||200|
|HBTA||Russell 1000 High Beta ETF||$5.0||100,200|
|LVOL||Russell 1000 Low Volatility ETF||$5.0||300|
|HVOL||Russell 1000 High Volatility ETF||$5.1||500|
|HMTM||Russell 1000 High Momentum ETF||$5.1||300|
|SLBT||Russell 2000 Low Beta ETF||$5.0||200|
|SHBT||Russell 2000 High Beta ETF||$5.1||200|
|SLVY||Russell 2000 Low Volatility ETF||$5.0||200|
|SHVY||Russell 2000 High Volatility ETF||$5.1||100,200|
|SHMO||Russell 2000 High Momentum ETF||$5.1||400|
May was a tumultuous month for equity markets, as instability around the world pushed and pulled on major indexes through the trading days of May. Perhaps the biggest news of the month was the re-emergence of the European debt crisis, with Greece in yet another dire situation, leaving many investors to worry about the overall stability of the euro.
Aside from global affairs, the ETF sector made quite a splash this month, with a surge in activity. Following April’s 43 new launches was a tall task, and May was almost up to the challenge. In total, 39 new products debuted last month, making May the second busiest month of the year, and one of the busiest ever for the exchange traded world.
Below, we take a closer look at each of the products that debuted in May:
May ETF Launches
Global X Food ETF (EATX)
- Launch: May 3
- Asset Class: Equities
- Structure: ETF
- Expense Ratio: 0.65%
This ETF will be unique in that it is one of the few products to offer exposure to the performance of the food industry. EATX tracks a benchmark that consists of about 50 companies engaged in the the agriproduct or livestock operations or in the manufacture, sale or distribution of food products, agriproducts and products related to the development of new food technologies. Global X Management Company, LLC, the fund adviser, will donate any profit it earns from EATX to Action Against Hunger | ACF International, a global humanitarian organization that works to save the lives of malnourished children while providing communities with sustainable access to safe water and long-term solutions to hunger.
Global X Fishing Industry ETF (FISN)
- Launch: May 4
- Asset Class: Equities
- Structure: ETF
- Expense Ratio: 0.69%
This ETF marks the first ever exchange traded product to invest in the fishing industry. The product will have an underlying benchmark that will be reflective of the fishing industry as a whole. This includes both commercial fishing and aquaculture (fish farming). Though the global fishing industry is vulnerable to regulations, this fund may be a good option for investors looking for a way to invest in one of the world’s most popular industries.
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