BlackRock’s iShares has launched the iShares Barclays 0-5 Year TIPS Bond Fund (STIP) on the NYSE Arca. The new exchange traded fund offers targeted exposure to the short end of the domestic Treasury Inflation Protected Security (TIPS) curve through TIPS with less than five years to maturity.
BlackRock launched the iShares MSCI Russia Capped Index Fund (ERUS) on the NYSE Arca. ERUS seeks to track the MSCI Russia 25/50 Index, which is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities listed on stock exchanges in Russia.
PIMCO recently launched the PIMCO Broad U.S. Treasury Index Fund (TRSY) to offer investors exposure to the broad U.S. Treasury yield curve via an Exchange Traded Fund.
Vanguard has introduced a new international real estate ETF. The Vanguard Global ex-U.S. Real Estate ETF (VNQI) will invest in real estate investment trusts (REITs) and real estate operating companies (REOCs) in emerging markets and developed markets outside the United States.
Van Eck has launched the Market Vectors Rare Earth/Strategic Metals ETF (REMX), the first U.S.-listed exchange traded fund that seeks to give investors pure play exposure to the equities of companies primarily engaged in the producing, refining, and recycling rare earth/strategic metals.
A new exchange traded fund that provides exposure to a basket of precious metals was recently launched by ETF Securities. The ETFS Precious Metals Basket ETF (GLTR) is the first US-Based product to offer gold, silver, platinum and palladium under a single ticker.
Van Eck has launched a China exchange traded fund that provides investors with exposure to China’s A-Shares. The Market Vectors China ETF (PEK) tracks the CSI 300 index which consists of 300 A-Share stocks listed on the Shenzen or Shanghai Stock Exchange. A-Shares.
Clients of TD Ameritrade will now be able to trade 100 exchange traded funds commission-free. The ETFs eligilble for commission-free trading include funds from Blackrock’s iShares and Vanguard.
Van Eck has an introduced a new exchange traded fund that focuses on small-cap companies in India. The Market Vectors India Small-Cap Index ETF (SCIF) tracks an index of 122 companies that generate the majority of revenue in India and have an average market cap of $456 million as of July 23, 2010.
Claymore plans to close four exchange traded funds that failed to attract enough investor interest.