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The Alpha Group has many reasons to celebrate. On March 1st, the volume traded in TSX listed securities on Alpha ATS represented a market share of more than 30% across all Canadian transparent marketplaces. The market share in ETFs reached 52.3%. That was 10% higher than the second most active marketplace. In the benchmark index […]
By John Powell |March 3, 2010
1 min read
A U.S. study indicates that ETFs are very popular with affluent investors. The study conducted in February by Phoenix Marketing International shows that 20% of affluent investors own ETFs and 7% are going to be seeking them out in March. What is even more significant is that 29% of respondents say they will be increasing […]
By John Powell |March 2, 2010
Market Insights
The three key characteristics that make exchange–traded funds (ETFs) tax-efficient are easily defined. They are: Index-based ETFs have extremely low turnover. Transactions trigger gains taxable in the hands of unit holders. The redemption of ETFs allows for in-kind transfers, allowing sponsors to transfer out the lowest cost shares without incurring tax. This maintains the adjusted-cost […]
By Mark Yamada |March 1, 2010
4 min read
Jovian Capital is hoping to transform Horizons BetaPro a global player in the ETF marketplace. The company and its subsidiary BetaPro Management Inc. have completed an equity investment in BetaShares Holdings Pty Ltd., a private Australian holding company. BetaPro is the manager of the Horizons BetaPro exchange traded funds. Jovian has bought a 40% equity […]
By John Powell |March 1, 2010
Direxion Shares is adding two new ETFs to its array of leveraged funds. The new bond ETFs will give investors exposure to three times the daily performance of two-year Treasuries. The Direxion Daily 2-Year Treasury Bull 3x Shares (TWOL) seeks 300% of the daily performance of the NYSE Arca Current 2-Year U.S. Treasury Index, a […]
By John Powell |February 26, 2010
There’s not much new in the world of asset allocation despite the drubbing portfolios sustained last year. Many of the best and the brightest minds, and the most researched and supported techniques, failed to save Humpty Dumpty from shattering on impact. To be sure, diversification never seems to work when fear and flight take control […]
February 24, 2010
5 min read
Legg Mason is throwing its hat into the ETF ring. According to the Baltimore Sun, the brokerage firm has filed an application with the Securities and Exchange Commission to launch actively managed exchange-traded funds. The application itself will take months to move through the system and according to company spokeswoman Mary Athridge, they are focusing […]
By John Powell |February 24, 2010
Invesco has launched nine new PowerShares funds which will combine the features of U.S.-listed ETFs with those of mutual funds offered in Canada. The addition of the nine new options increases the number of PowerShares funds to 17. The new funds are as follows: PowerShares 1-5 Year Laddered Corporate Bond Index Fund : Invests in […]
By John Powell |February 19, 2010
2 min read
Effective today, the Montreal Exchange has listed put and call options on the Claymore Gold Bullion ETF. Those options are also currently available on the Claymore Natural Gas Commodity ETF and the Claymore Global Agriculture ETF. Claymore’s Gold Bullion ETF replicates the performance of the price of gold bullion, less the fund’s expenses and fees, […]
Emerging Global Shares is launching a new ETF. Capitalizing on China’s strength in prospering during the economic downturn, the new exchange-traded fund will spotlight the country’s infrastructure development by investing in 30 public companies that deal with metals, construction and real estate management. The China Infrastructure Index ETF (CHXX) charges a net expense ratio of […]
By Staff |February 18, 2010
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