Mutual Funds are pressuring industry data provider Financial Research Corporation to stop providing free access to monthly mutual fund net flows. Apparently, the fund managers are unhappy with the monthly reports that show the slowing growth and even decline of money flowing into mutual funds.
Time Warner (NYSE: TWX) recently announced the upcoming spin-off of its cash generation machine otherwise known as Time Warner Cable. Spin-offs have historically outperformed the market (see the nine studies cited by consulting firm Spin-Off Advisors) and ETF investors can take advantage of this tendency through Claymore’s Clear Spin-Off ETF (CSD).
State Street Global Advisors (State Street), the investment management arm of State Street Corporation (NYSE: STT) and World Gold Trust Services, LLC, a wholly-owned subsidiary of the World Gold Council, today announced a change of name for the streetTRACKS® Gold Trust (NYSE: GLD).
State Street today launched the SPDR S&P Emerging Markets Small Cap ETF (EWX) which tracks the S&P/Citigroup Emerging Market Small Cap < $2 Billion Index.
WisdomTree launched an actively managed ETF holding U.S. money market securities today on the NYSA Arca under ticker symbol USY.
Looking to radically simply your portfolio? Look for the coming Vanguard Total World Stock Index ETF (VT). The global ETF will track a market-cap weighted index of more than 2,800 large- and mid-cap stocks of companies in 48 countries.
Investors don’t always think about investing opportunities the same way that ETF funds describe themselves. Wall Street uses complex terms and acronyms like unit investment trust, EAFE, sector rotation and tracking error to describe ETFs.
The Case Studies section of ETF MarketPro for Investors takes an in-depth look at how investors with different backgrounds and time horizons use ETFs to achieve their goals.
According to a March 2008 report by State Street Global Advisors, investments in ETFs are predicted to grow 30 – 40% in 2008 following a growth rate of 45% to $608 billion in 2007.
