Emerging Global Advisors on Wednesday launched the Dow Jones Emerging Markets Financials Titans Index Fund (EFN), the first exchange-traded fund to offer targeted exposure to banks, insurance companies, and financial institutions in emerging markets. EFN brings Emerging Global Advisors’ line of products to four, with the other three including: [click to continue…]
London-based ETF Securities Ltd. continues to expand its line of commodity ETFs at a torrid pace, announcing this week that five ETFs holding precious metals will begin trading on the Tokyo Stock Exchange later this month. The new funds are:
It’s been quite a week for the folks at ETF Securities (ETFS), one of the preeminent ETF sponsors in Europe that recently made the long jump across the pond to enter into the U.S. market. Last Friday ETFS launched its Silver Trust (SIVR), a bullion-backed trust that is expected to compete directly with iShares’ SLV, [...]
Although the entire ETF industry has enjoyed a tremendous boom over the last year, perhaps no corner of the market has expanded as quickly as emerging markets funds. According to State Street’s industry snapshot, assets in international ETFs totaled about $28.6 billion at then end of June, representing an increase of 27.5% year to date. [...]
Score one for Goliath. Three weeks after Global X announced that it would launch the first ETF investing exclusively in Peruvian equities, iShares beat its much smaller rival to the punch, launching the MSCI All Peru Capped Index Fund (EPU). EPU, which has an expense ratio of 0.63%, provides investors with an opportunity to invest in [...]
iShares added yet another ETF to its market-leading family of funds on Friday, launching the S&P Emerging Markets Infrastructure Index Fund (EMIF). EMIF will compete with PowerShares‘ Emerging Markets Infrastructure Portfolio (PXR), an ETF that began trading in October 2008 and has grown to a market capitalization of more than $46 million. PXR, along with [...]