Even Smarter Beta

USA Even smarter beta from Xtrackers Deutsche Bank is listing a new smart beta ETF that guns after quality and value companies. The Xtrackers Russell 1000 US QARP ETF (QARP) will track the Russell 1000 2Qual/Val 5% Capped Factor Index.   The index picks companies from the Russell 1000, using a “proprietary rules-based multi-factor selection and weighting process,” the prospectus …

Cheap ETF

London and Frankfurt Lyxor establishes its position as Europe’s cheapest ETF provider Lyxor is buffing up its cheap ETF offering, adding another two funds to its canvas of cheapest-in-Europe ETFs. Lyxor MSCI EM Asia UCITS ETF (LCAL:LN) Lyxor MSCI Emerging Markets LU UCITS ETF (LCUE:GR) The two new listings, one of which is in London the other in Frankfurt, will …

KRX300 & Blockchain

Seoul Every Korean issuer lists a KRX300 ETF at the same time… Every major Korean ETF provider has listed a KRX300 tracking ETF at the same time. Each competitor has rolled out the same product tracking the same index, with the same inception dates. The listings come two months after Korea Exchange unveiled the new KRX300 index. The new index …

Dividends & Fees

London Deutsche Bank lists two new smart beta funds Deutsche bank is listing two new dividend focussed smart beta ETFs on the London Stock Exchanging. They are: Xtrackers MSCI World High Dividend Yield UCITS ETF (XDWY) Xtrackers Morningstar US Quality Dividend UCITS ETF (XMDU) DBX already has a global dividend ETF listed in London (XGSD), which is synthetic. This new …

Jailhouse REIT

USA REIT ETF without jails or casinos White-labeller Exchange Traded Concepts and Georgia-based WeatherStorm Capital are teaming up to list a property ETF. The Weatherstorm Real Estate ETF (PPTY) will track an in-house index of companies that make more than 85% of their income from real estate, which one imagines will overwhelmingly be REITs.    Companies that qualify are put in …

Indian Debt

India Indian short-term debt ETF from BlackRock BlackRock’s Indian arm DSP BlackRock is listing an ETF version of one of its mutual funds on India’s two major exchanges.   The DSP BlackRock Liquid ETF (DLIQETF) will invest more than 95% of its assets in repos, reverse repos and overnight money instruments. Crucially, it will also invest in collateralised borrowing and …

Eastern Europe Exposure

Germany Bulgarian issuer brings in East Europe German investors wanting access to East European indexes now have it slightly easier thanks to a raft of cross-listings from Expat Asset Management, a Bulgarian ETF issuer. (The first and only Bulgarian issuer we have encountered). The products being cross-listed offer direct access to indexes like PX, the major Czech index, BET-BK, the …

Bitcoin LDN

UK Bitcoin ETN comes to London   One of the world’s biggest bitcoin ETNs, the Bitcoin Tracker EUR (O2XI), is getting cross-listed onto the London Stock Exchange having first listed in Sweden. The product tracks the price of bitcoin in euros and is provided by XBT Providers.   O2XI’s English-language prospectus (the main one is in Swedish) makes for interesting …

Active Commodities

USA iShares lists actively managed commodity ETF Commodities have had a hard time the past several years, but BlackRock is listing a new fund that grows out the garden. The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) will join a small club of actively managed commodities ETFs and will seek to provide a return similar to the Bloomberg Roll …

Sensitive ETFs

USA PowerShares powers up with interest rate sensitive ETF Invesco PowerShares has listed a new interest rate sensitive ETF that tracks S&P 500 companies based on how sensitive they are to rate hikes. The PowerShares S&P 500 Rising Rates Portfolio (RISR) will track the S&P like any other fund but will bring in a different weighting scheme.   RISR will weight …