iShares, the San Francisco-based largest ETF company by total assets, launched four new “Core” funds in October, targeting investors who wish to build long-term, buy-and-hold portfolios. The four new ETFs include three international stock funds and a short-term Treasury ETF. The four new ETFs are mostly based on broader indexes and hence are pure indexing tools. The funds include iShares …
New ETFs On The Block: ALPS-Goldman Sachs Proprietary Strategy ETFs (GSMA, GSGO, GSAX, GSRA)
ALPS, the Denver, Colorado-headquartered asset management firm with $7.6 billion in assets has teamed up with Goldman Sachs to launch a suite of exchange traded funds based on GS’ proprietary indexes. The four ETFs allocate assets based on market volatility and are engineered to follow active management styles. Three of the new ETFs are based on GS’ “Momentum Builder” framework, …
New ETFs On The Block: Advisorshares Pring Turner Business Cycle ETF (DBIZ)
AdvisorShares, the Bethesda, Maryland-based funds provider of non-index tracking products, has announced the launch of the AdvisorShares Pring Turner Business Cycle ETF (DBIZ), an actively managed fund that seeks long-term growth and capital appreciation across different economic and market cycles through the application of business cycle, technical and fundamental analysis. DBIZ will be managed by Pring Turner Capital Group, the …
New ETFs On The Block: Barclays Shiller CAPE ETN
Barclays Bank has launched a new exchange traded note, the Barclays ETN+ Shiller CAPE ETN (CAPE), a senior unsecured debt security that tracks the Shiller Barclays CAPE US Core Sector Index. The index incorporates the Cyclically Adjusted Price Earnings Ratio or CAPE methodology and provides notional long exposure to four comparatively undervalued US equity sectors that have exhibited strong price …
New ETFs On The Block: Global X Permanent ETF (PERM)—Will It Replace PRPFX?
The Global X Permanent ETF (PERM), launched by the New York based fund issuer offers investors exposure to a number of core asset classes. The ETF replicates the Solactive Permanent Index, a benchmark comprised of three major core asset classes; stocks, Treasuries & bonds, and precious metals, thus diversifying holdings for all market conditions. Each of the categories is further …
Last Week In Review: ETF News And Blog Posts To 3/25/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 3/25/2012. The markets meandered without clear direction last week and seem to have run out of steam as the S&P 500 vacillated above and below its 1,400 milestone marker. That’s no surprise to me as …