The tremendous increase in the number of ETFs launched in recent years has seemingly brought cheap, efficient access to nearly every corner of the globe within reach of U.S. investors. There are now funds devoted to Vietnam, Turkey, Israel, Colombia, among countless others. But while the breadth of international options has expanded significantly, the exposure offered by these funds is fairly limited, as most international exchange-traded products are dominated by mega-cap equities. [click to continue…]
After watching their portfolios take devastating blows in 2008, many investors hoped that a new year would bring a reversal of fortune and a recovery of lost assets. After the first two months of the year tested resolve, things finally took a turn for the better in March, and long climb upwards began. Most equity [...]
Following a year that saw some of the worst performances in recent memory, many asset classes have bounced back in 2009. But some have performed better than others, and as the year draws to a close we take a look at some of the best-performing ETFs. The year’s top gainers include a few of the [...]
As ETFs have grown from a closet industry to a mainstream investing option, funds offering exposure to nearly every corner of the globe have popped up. Although the abundance of funds has brought access to dozens of equity markets within reach, the vast majority of international ETFs provide fairly shallow exposure to the country they [...]
On Tuesday, Claymore Securities launched its China Technology ETF (CQQQ), the first U.S.-listed ETF to focus on the Chinese technology sector. CQQQ joins three other China ETFs from Claymore (YAO, HAO, TAO) that have accumulated more than $500 million in aggregate assets. The new ETF will seek to replicate the AlphaShares China Technology Index, a [...]
New York-based Global X Funds, the issuer behind the first U.S.-listed ETFs offering exposure to Colombia and the Nordic region, announced the launch of two new funds focusing on China on Tuesday. The Global X China Industrials ETF (CHII) and China Consumer ETF (CHIQ) are the first funds to offer sector-specific exposure within the China [...]
Lisle, Illinois-based Claymore, the ETF issuer that was acquired by Guggenheim Partners earlier this year, announced last week that it will close four of its lightly-traded ETFs. December 11 will be the last day of trading for the following funds:
According to the National Stock Exchange, total cash flows into exchange-traded products through the first ten months of the year have totaled more than $72 billion, an indication that the ETF industry continues to grow by leaps and bounds. While this figure is down slightly from the same period in 2008, it is widely expected [...]
Emerging Global Advisors, the New York-based ETF issuer that earlier this year pioneered sector-specific emerging markets funds, has filed a prospectus with the SEC for seven additional ETFs. The proposed funds include the first sector- and country-specific international funds, as well as the first ETFs to target mid-cap stocks in emerging market economies:
The Wall Street Journal is reporting that Cnooc Ltd., a state-owned Chinese oil company, is close to a deal that would open the U.S. Gulf of Mexico to China’s oil companies for the first time. The potential transaction reflects the impact that the recent recession has had on global deal-making. Four years ago, Cnooc’s abandoned [...]
AlphaShares, the creator of the indexes behind the Claymore/AlphaShares Small Cap Index ETF (HAO) and Claymore/AlphaShares China Real Estate ETF (TAO), has announced the creation of an All Cap China index. The new benchmark will track all firms over $500 million in market cap that trade on either the New York or Hong Kong stock [...]
