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SJNK

Growth and evolution have been recurring themes in the exchange-traded universe in 2012, as investors are now faced with a diverse product lineup of  over 1,400 ETPs. More than 160 of those are new additions in 2012. And while many of the new ETFs that launched in 2012 are on the small side, some of these funds have come flying out of the gates to attract significant cash inflows [for more ETF news and analysis subscribe to our free newsletter]. [click to continue…]

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As many had expected, the first half of 2012 saw the continuation of an aggressive expansion of the ETF industry. More than 120 new exchange-traded products began trading during the first six months of the year, including several innovative and first to market ideas. At first glance, it appears as if the new wave of ETFs have been extremely successful; the funds that have debuted since January 1 have aggregate assets of about $3 billion–an impressive haul in such a short period of time [sign up for the free ETFdb newsletter].

But upon further review, the new crop of ETFs has been a few big hits scattered among mostly unimpressive debuts. A single ETF represents more than half of all assets garnered by new 2012 launches, a situation that mirrors the top heavy nature of the broader industry quite nicely. The vast majority of the new ETFs that have begun trading in 2012 have assets of less than $25 million, and well more than half have not yet crossed the $10 million mark.   [click to continue…]

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As we approach the halfway point of 2012, we are on track for yet another period of tremendous growth for the lineup of ETFs. More than a hundred new funds have begun trading already this year, and dozens of issuers continue to plan aggressive expansions of their product lineups.  While the blistering pace of expansion […]

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The ETF industry slowed down its pace in March, showing moderate levels of activity on the product development front. After a busy February, this month saw the debut of only 14 new funds; however, investors were introduced to two new first-to-market products, including an emerging market corporate bond fund as well as an ETF that […]

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State Street Adds Short Term Junk Bond ETF

by on March 17, 2012 | Updated March 19, 2012

State Street has made another addition to its fixed income ETF lineup, recently rolling out the SPDR Barclays Capital Short Term HighYield Bond ETF (SJNK). The new fund will target junk bonds that have less than five years remaining to maturity, thereby delivering a unique combination of low interest rate risk with significant credit risk. […]

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