Tuesday May 14, 2013
We have a new emerging markets bond ETF from PowerShares on the market...
- PFEM - PowerShares Fundamental Emerging Markets Local Debt Portfolio
The new fund correlates with the Citi RAFI Bonds Sovereign Emerging Markets Extended Local Currency Index. PFEM will target government debt assets in 18 emerging market countries such as Russia, Indonesia and Korea. You can get a full list of the funds holdings here.
As of today, PFEM is trading around $24.89 and to check out some similar exchange traded products, then look to the...
+Mark Kennedy
Thursday May 9, 2013
At the end of April Direxion launched a new 3x leveraged ETF focusing on South Korea. And they are now back again with a similar ETF, but only this time it's an inverse leveraged South Korea ETF...
- KORZ - Direxion Daily South Korea Bear 3X Shares ETF
Like it's counterpart, it will track the MSCI Korea 25-50 Index, only seek inverse results to the benchmark. But it will also seek a 3x leveraged daily return as well. Some of the top sectors represented in the fund are information technology, consumer discretionary and industrials.
You can get full details for the ETF on the Direxion fact sheet and as of today it is trading around $41.24. And if you want to see similar ETFs, look no further than the...
+Mark Kennedy
Wednesday May 8, 2013
Late last month Direxion launched a new 3x leveraged ETF focusing on Brazil. We now this month they launched a similar ETF, but only this time it's an inverse leveraged Brazil ETF...
- BRZS - Direxion Daily Brazil Bear 3X Shares
Like it's counterpart, it will track the MSCI Brazil Index, only seek inverse results to the benchmark. But it will also seek a 3x leveraged daily return as well. Some of the top sectors represented in the fund are financials, materials and consumer staples.
You can get full details for the ETF on the fact sheet and as of today it is trading around $38.43. And if you want to see similar ETFs, look no further than the...
+Mark Kennedy
Tuesday May 7, 2013
First Trust has launched a new senior loan ETF this week...
- FTSL - First Trust Senior Loan Fund
The new ETF is actively managed and according to First Trust, the goal of the fund is to provide high current income by investing primarily in a diversified portfolio of first lien senior floating rate bank loans as well as provide capital appreciation.
Some of the top current holdings in the new fund include AOT Bedding, Blue Buffalo Company and Chrystler. You can get full details for the fund on the fact sheet and as of today it is trading around $50.07
+Mark Kennedy
