Grail Advisors LLC said today that it has filed a registration statement for two actively managed exchange traded funds, the Grail American Beacon International Equity ETF and the Grail American Beacon Large Cap Value ETF.
Financial advisers will likely be drawn to the allure of exchange traded funds in 2009, thanks to an anticipated rise in open-end mutual fund expenses, according to industry experts.
Although most funds performed dismally last year, a Vanguard fund and its exchange traded fund share class bucked the trend with spectacular results, returning more than 50%.
A popular argument for using exchange traded funds is that investors receive more bang for their buck because ETFs are generally cheaper than mutual funds. In some cases, however, the bang is being muted because of the way ETF returns are reported.
Actively managed exchange traded funds, which were introduced this year, haven't caught fire, but that didn't stop Invesco PowerShares Capital Management LLC from launching its fifth such ETF last month.
They are the first ETFs in the United States to provide short exposure or leveraged exposure to commodities or to the euro and the yen, according to a statement from ProFunds.
In the current economic maelstrom, exchange traded funds are beating mutual funds in the fight for investor dollars — a battle that will have long-term implications for the asset management industry.
The PowerShares Active U.S. Real Estate Fund (PSR) seeks to provide high total return by investing in publicly traded U.S. real estate companies, selected using a proprietary stock selection model.
Investors are shifting away from mutual funds toward certificates of deposit, variable annuities and exchange traded funds, according to a study that will be released next month.
Rydex Investments of Rockville, Md., today announced that shares of its exchange traded trust, CurrencyShares Russian Ruble Trust (XRU), will begin trading today. An exchange traded trust is similar to an exchange traded fund.
Barclays launched the iShares S&P Short Term National Municipal Bond Fund (SUB) and the iShares Barclays Agency Bond Fund (AGZ).
Direxion Shares this week for its first time launched ETFs that have a goal of returning 300% of the performance of their underlying indexes, either on the positive side or the inverse.
Investors pulled $581 million out of exchange traded notes in September, leaving a total $5.5 billion, according to the latest data from Morningstar Inc. of Chicago.
A financial advisory firm is betting that investors who use a quantitative formula — rather than emotion and panic — to move in and out of stocks will get through Wall Street's roller coaster ride with their pocketbooks largely intact.
Invesco PowerShares Capital Management LLC’s emerging markets infrastructure exchange traded fund began trading yesterday, the Wheaton, Ill., firm announced.
The ProShares UltraShort Financials (SKF), and ProShares Short Financials (SEF) exchange traded funds resumed the normal process of creating new shares today.
FundQuest Inc. today announced a partnership with New Frontier Advisors LLC, a research and investment advisory firm, to offer exchange traded fund managed-account portfolios to financial advisers.
