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 that are designed to appreciate along with official inflation metrics.
The new PIMCO ETF will be benchmarked against the PIMCO Global Advantage Inflation-Linked Bond Index, and will invest in inflation-protected bonds that are ‘economically tied to at least three developed and emerging market countries (one of which may be the United States)” according to the prospectus. While most inflation-protected bond ETFs focus primarily on U.S. securities, there are a handful that maintain an international focus. The SPDR DB International Government Inflation-Protected Bond ETF (WIP) holds a broad-based portfolio with a tilt towards Western Europe, while the iShares Global Inflation-Linked Bond Fund (GTIP) includes both domestic and international holdings. [click to continue…]
Investors have seemingly brushed aside looming debt woes on both sides of the Atlantic ocean as improving growth expectations have helped pave the way higher for equity markets around the globe. Bullish momentum has undoubtedly prevailed on Wall Street thus far in 2012, although many are fearful that a steep market correction is just around the corner. [...]
ProShares continues to beef up its lineup of alternative ETFs, recently rolling out a pair of products that offer leveraged exposure to “breakeven inflation.” The new ETFs will deliver 3x and -3x daily leveraged exposure to indexes comprised of both long and short positions in ten-year bonds, with the goal of giving investors tools for [...]
It is no secret that the ETF industry is dominated by just a handful of products. The majority of the $1 trillion plus assets are confined to roughly 100 funds, leaving the other 1,300 ETFs in the dust. But as growth in the industry continues to pick up, more and more funds are entering elite [...]
This past year was the most active ever for the exchange traded industry in terms of product development; the launch of more than 300 new products shattered the record set in 2010. And innovation continues to run high in the industry; the creativity of issuers is still impressive, as many of the ETFs that have [...]
PowerShares and Deutsche Bank, partners on a suite of exchange-traded notes targeting commodities and several international bond markets, have rolled out a pair of ETNs designed to target changes in inflation expectations. The new notes will be linked to indexes that are designed to measure the market’s expectations of future inflation implied by the difference [...]
ETF Database has introduced another new resource to its lineup of analytical tools designed to help financial advisors and individual investors navigate through the rapidly-increasing universe of exchange-traded products: ETF Scorecards that provide relevant, timely, and unbiased analysis of more than 1,300 ETPs. The ETF Scorecards are in-depth, customized analyst reports that highlight the noteworthy [...]
The impressive pace of expansion in the ETF industry over the last several years has been well documented; continuous product development has resulted in the launch of more than 250 so far in 2011, and there are now more than 1,300 names in the ETF lineup. But while the depth of the ETF space has [...]
With all the money printing from the Fed and gold approaching historic levels, it is clear that many investors are growing increasingly worried about the prospect of inflation striking their portfolios in the near term. Since the economy still remains incredibly weak, more quantitative easing cannot be ruled out at this month’s FOMC meeting, increasing the possibility [...]
The summer of 2011 is shaping up a lot like that of 2010. Yet again, fears in the euro-zone have sparked massive sell-offs in global equities, as more countries become at risk of defaulting this year. Worries over the U.S. economy are also a major factor in the market slump, as many analysts have slashed [...]
Wednesday was yet another range-bound day on Wall Street. Stocks opened higher, but proceeded to sell-0ff before noon, ending up basically where they started the week. Continuing uncertainty and a lack of key economic data releases makes investing in the current environment that much more difficult. The technology sector came into focus on Wednesday as [...]