Nationwide, Covered call, and equal weighting

USA Global X puts two fads together ETFs tracking preferred securities have been in vogue of late, so too have covered call ETFs. And now Global X has put the two together in a single product, called the Global X U.S. Preferred ETF (PFFD). PFFD will invest 80% of its fund in preferred securities through the BofA Merrill Lynch Diversified …

Pureshares goes Vanilla

USA Five plain vanilla listings from PowerShares PowerShares is listing five new funds under its “PureBeta” brand. The listings suggest that the fourth largest American issuer is taking a different strategy in its product offering, breaking away from its smart-beta-centred approach and trying to make headways in plain vanilla ETFs.   The new funds are:   PowerShares PureBeta MSCI USA …

One Belt, One Road, One ETF

USA One Belt, One Road is a Chinese government initiative aiming to build a new silk road through Central Asia and better connect China with its trading partners. China has pledged to pour more than $175bn into the project, hoping to improve its roads, ports and railways. And there’s something in it for ETF issuers too. KraneShares has listed a …

Inflation Expectation

Italy Two ETFs for Lyxor in Milan: inflation expectations and Euro Stoxx 50 Lyxor will be cross listing two ETFs in Italy, one of which tracks inflation expectations; the other of which is a plain vanilla Euro Stoxx ETF. The inflation expectations ETF (INFL), is a curiosity and takes a bit of a fiddle to get one’s head around. INFL …

Chinese issuer, Japan stocks, Swiss exchange

Switzerland   China Post’s Market Access will be cross-listing a yen version of its smart beta Japanese equity tracker into Switzerland. The Market Access iSTOXX MUTB Japan Quality 150 Index ETF (MAJQ) screens Japanese companies for quality, as measured by high profits, low debts and thick cash flows. A spokesperson for China Post said MAJQ is aimed at investors wanting …

August US ETF Report

ULTUMUS US ETF Report: August 2107 At the end of August 2017 there were 1,781 US ETFs with assets of US$ 2,899 Bn. Assets in US domiciled ETFs increased by US$ 8 Bn during August. The SPDR ETF range were the largest winners this month increasing AUM by US$5.3 Bn driven by increases of US$ 4.6 Bn in the SPDR S&P …

August European ETF Report

ULTUMUS European ETF Report: August 2107 At the end of August 2017 there were 2,304 European domiciled ETFs with assets of US$ 757.8 Bn. Assets in European ETFs have increased by US$ 4.9 Bn since the start of August The iShares ETF range formed the lions share of winners this month increasing AUM by US$ 1.7 Bn Full Report available …

FAANGS, Factor and Rotation

North America USA Northern Lights Main Sector Rotation ETF (SECT) actively hunts undervalued sectors Northern Lights is listing an actively managed ‘ETF of ETFs’ on Bats. SECT, the Main Sector Rotation ETF, will hold other ETFs rather than indexed stocks and try to beat the S&P500 by flipping between different sectors in the economy. According to the prospectus, SECT will …