|
Strong Demand For ETFs Persists
June 24, 2006
SAN DIEGO - (ETFguide.com) - ETFs continue to be on fire. 39 new Exchange Traded Vehicles (ETVs = ETFs and/or ETNs) were issued in April. 27 new ETVs hit the market in May.
Northern Trust is pushing into the market of single country ETFs which thus far has been dominated by Barclays Global. Northern Trust has launched eight new NETS in May (following six in April).
The first ETFs of ETFs have also appeared on the scene. Who else but PowerShares would launch such a product? Of course the ETFs largely contain PowerShares ETFs. The total management fee consists of the ETF component's management fee on top of 0.25% charged for the "ETF wrapper". I.e. PAO and PTOs largest holding is PowerShares Dynamic Developed Opportunies (Ticker: PFA) with an expense ratio of 0.75%. Within PAO or PTO the total management fee is 1.00%.
ETFs launched in May:
|
Name
|
Ticker
|
|
Cohen & Steers Global Real Estate Majors
|
GRI
|
|
E-TRACS UBS Bloomberg CMCI Long Platinum ETN
|
PTM
|
|
E-TRACS UBS Bloomberg CMCI Short Platinum
|
PTD
|
|
First Trust Enhanced 130/30 Index
|
JFT
|
|
Market Vectors Double Long Euro
|
URR
|
|
Market Vectors Double Short Euro
|
DRR
|
|
NETS AEX-Index Fund
|
AEX
|
|
NETS BEL 20 Index Fund
|
BRU
|
|
NETS FTSE/JSE Top 40 Index Fund (
South Africa)
|
JNB
|
|
NETS FTSE Singapore Straits Times Index Fund
|
SGT
|
|
NETS Hang Seng
China Enterprises Index Fund
|
SNO
|
|
NETS PSI 20 Index Fund (
Portugal)
|
LIS
|
|
NETS S&P/MIB Index Fund (
Italy)
|
ITL
|
|
NETS TA 25 Index Fund (
Israel)
|
TAV
|
|
PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio
|
PAO
|
|
PowerShares Autonomic Balanced NFA Global Asset Portfolio
|
PCA
|
|
PowerShares Autonomic Growth NFA Global Asset Portfolio
|
PTO
|
|
ProShares UltraShort Lehman 7-10 Year Treasure
|
PST
|
|
ProShares UltraShort Lehman 20+ Year Treasury
|
TBT
|
|
SPDRs Dow Jones Wilshire Global Real Estate ETF
|
RWO
|
|
SPDRs S&P Emerging Markets Small Cap
|
EWX
|
|
SPDRs S&P International Mid Cap ETF
|
MDD
|
|
WisdomTree Dreyfus Brazilian Real Fund
|
BZF
|
|
WisdomTree Dreyfus Chinese Yuan Fund
|
CYB
|
|
WisdomTree Dreyfus Euro Fund
|
EU
|
|
WisdomTree Dreyfus Indian Rupee Fund
|
ICN
|
|
WisdomTree
U.S. Current Income Fund
|
USY
|
ETVs also continue to draw new asset flows.
According to the Investment Company Institute (ICI), the combined assets of
U.S.exchange-traded funds rose $24.85 billion to $595.96 billion in April.
This is a 4.4% increase compared to last month and an increase of 27.7% or $129.41 billion compared to April 2007, when ETF assets were $466.55 billion.
During April, the value of all ETF shares issued exceeded that of shares redeemed by $150 million. In April 2007, ETFs have experienced a net issuance of $6.63 billion.
Top 5 Most Popular Articles:
The Abyss of ETF Oblivion
Popular Benchmarks May not be Best Portfolio Building Blocks
Turning Mutual Fund Losers into Winners
Niche ETFs Flood Market
Profiting from the New Energy Movement
|
