First Trust Launches Global Equity ETF; Van Eck Debuts China A-Shares ETF

by on July 24, 2014 | ETFs Mentioned:

As earnings season unfolds, markets continue to flirt with all-time highs. Despite skeptics looking for any reason to sell, the bull market has continued as benchmarks inch their way higher. Though most eyes have been fixated on the reports of some of the largest companies in the world, two new ETFs made their debut this week, which investors should take a minute to study [for more ETF news and analysis subscribe to our free ETF Daily Roundup].

First Trust Launches Fund-of-Funds

First Trust debuted the Dorsey Wright International Focus 5 ETF (IFV) yesterday, which puts a unique spin on international investing. The fund will track an index that uses a unique methodology to choose from five of First Trust’s existing country/region-based ETFs. IFV will rotate exposure based on the strength of outlook provided by their methodology, rolling in and out of their own ETFs.

Note that the firm launched the Dorsey Wright Focus 5 ETF (FV) earlier this year, which employs a similar strategy but only for funds with U.S. exposure.

Van Eck Rolls Out China A-Shares ETF

China A-shares have become an increasing popular investing theme over the last few years, as a number of issuers have hopped in on the trend. Van Eck released the Market Vectors ChinaAMC SME-ChiNext ETF (CNXT) this morning, which will look to follow the SME-ChiNext 100 Index, and invests in small and mid cap companies on the Shenzhen Stock Exchange.

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Disclosure: No positions at time of writing.