New exchange traded products continue to debut on the market by the cartload, as issuers have been ramping up activity on the product development front while ongoing innovation in the ETF industry is paving the way for one of a kind, first-to-market products. Investors can implement any number of strategies across a multitude of asset classes thanks to the ever expanding “toolbox”, which now features over 1,300 exchange-traded products [see 25 Things Every Financial Advisor Should Know About ETFs].
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Vanguard led all ETF issuers in cash inflows last year, thanks in no small part to a shift among investors towards the most cost-efficient ETF options. Now the company is lowering expenses on six of its international equity ETFs, reflecting greater efficiencies realized in the form of asset growth and operating cost reductions. The ETFs [...]
When mutual funds broke on to the investing scene, they won praise for their ability to pool assets and efficiently deliver exposure to a large basket of underlying securities. ETFs, while different from mutual funds in many ways (see five of them here), generally share this appeal; they offer an even more cost efficient way [...]
Old Mutual Global Index Trackers, a South Africa-based division of asset Manager Old Mutual, launched three new ETFs on Tuesday, bringing the number of funds in its product line to five. The new ETFs include:
Old Mutual has filed a registration statement for five new ETFs, each of which tracks an index maintained by the FTSE group. Old Mutual, founded in 1845 in South Africa, provides long-term savings solutions, asset management services, and general insurance services in 38 countries worldwide. The new ETFs include: