ProShares announced the launch of the Hedge Replication ETF (HDG), a new product that will seek to provide returns characteristic of the hedge fund asset class. The new ETF is designed to maintain a high correlation to the HFRI Weighted Composite Index, an equal-weighted composite of more than 2,000 funds. [click to continue…]
The first half of 2011 is officially in the books, and many investors find their portfolios in approximately the same place as they were to start the year (though a furious rally in the final week of the quarter gave a nice boost at an opportune moment). Most major equity indexes are up slightly on [...]
AdvisorShares, one of the largest issuers of actively-managed ETFs, has put yet another fund of funds product into an already full pipeline. The proposed Rockledge SectorSAM ETF (SSAM) would seek “to generate stable and consistent annual returns under all market conditions” according to a recent SEC filing. The fund would utilize both long and short [...]
While ETFs have been praised for their ability to offer immediate diversification and low cost exposure to a wide variety of asset classes, more and more investors are also realizing that ETFs may also allow them to tap into relatively complex investment strategies that historically would have required either significant time and analysis or a [...]
Less than a week into November, the month is shaping up to be one of the most active in recent memory for the ETF industry. Vanguard (international real estate ETF), UBS (another MLP ETN), PIMCO (laddered Treasury fund), and Global X (Gold Explorers) have already launched new ETFs, and several more issuers are expected to [...]
Credit Suisse rolled out the latest addition to its ETN lineup on Monday, launching the Credit Suisse Merger Arbitrage Liquid Index (CSMA). The exchange-traded note will be linked to an index designed to employ a merger arbitrage strategy by using a quantitative methodology to track a dynamic basket of securities held as long or short [...]
The past few years have seen no shortage of innovation in the ETF space; targeted international products, state-specific funds, and single-commodity ETPs are just a few of the developments to come out of the rapidly-expanding industry. Some of the most interesting products to hit the market recently are found in the Hedge Funds ETFdb Category, [...]
Credit Suisse is set to launch the Cushing 30 MLP ETN (MLPN), an exchange-traded note offering exposure to a benchmark composed of 30 companies that hold mid-stream energy infrastructure assets in North America, on Wednesday of this week. MLPN will be linked to the Cushing 30 MLP Index, an equal-weighted benchmark that uses a formula-based [...]
The ETF industry came flying out of the gates in January with more than two dozen new product launches and several more new product filings. Although the pace slowed a bit in February, the ETF universe continues to expand at an impressive rate, keeping 2010 on track to be the most active in the history [...]
Credit Suisse, one of the world’s largest financial services providers, announced Monday the launch of the Credit Suisse Long/Short Liquid Index (Net) ETN (CSLS), a product designed to correlate to the performance of the Credit Suisse Tremont Long/Short Equity Hedge Fund Index. But the new ETN achieves hedge fund-like exposure in a unique manner. The [...]
