The last two weeks have seen two separate announcements of ETF closures, with Claymore and Grail both making plans to shutter funds that have failed to catch on with investors. Claymore will close four equity funds that maintained aggregate assets of about $35 million (IRO, CRO, EXB, and ROB) while Grail is closing the doors on two actively-managed funds that each maintained about $3 million in assets. So far in 2010, about 30 ETFs have been closed; WisdomTree gave 10 funds the ax in February and Rydex pulled the plug on most of its leveraged ETF lineup in April. [click to continue…]
Another eventful week has passed us by, leaving investors with plenty to chew on as they try and figure out hectic markets. The week started off with the closing of four ETFs, as Claymore‘s said goodbye to IRO, CRO, EXB, and ROB as the four failed to attract any meaningful amount of assets [see Four […]
Claymore, the ETF issuer known for its suite of targeted sector funds and China ETFs, has announced that September 10 will be the last day of trading for four of its exchange-traded funds. The ETFs to be shuttered include:
First, the good news: all those fears about runaway inflation following from the massive injections of capital into financial markets appear to have been overblown. Now for the bad news: the alternative may be much worse. For months wary investors have been eagerly watching CPI reports, fearful of the release indicating that price increases are […]
With markets struggling as of late, value investing has seen a spike in popularity. Virtually all asset classes have been pummeled over the last week, as the debt crisis in Greece and the oil spill in the Gulf of Mexico continue to weigh on markets around the globe, pushing equity prices down sharply in particular […]
Many investors point to the rise of the ETF industry as a clear shift in preferences away from relatively expensive active management in favor of low-cost indexing. It’s been said that the alpha hunters have evolved into beta grazers. But the benefits of the ETF structure aren’t reserved solely for passive cap-weighted products, and the […]
Value investing is one of the oldest and most popular equity strategies, mastered by legendary investors like Warren Buffett and Benjamin Graham and embraced by countless professional money managers and individual investors. The rise of the ETF industry has presented investors in pursuit of superior dividend yields dozens of options, each offering a unique twist […]
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 […]
