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ETFR: Addison’s Actively Managed ETF Account Program

January 2001
ETFR Cover Story

Addison’s Actively Managed ETF Account Program

by Indexes Standard & Poor's

Addison Capital Management LLC has stayed in business quietly for 20 years, managing what is currently about $300 million of US and foreign clients’ assets with an eye toward consistent, low risk, tax efficient returns using a value-oriented equity strategy.

Canada’s First with a Fixed Income ETF—Sort of

by Kelly Haughton

“ The SEC will approve fixed income ETFs well before active ETFs”

As Tech Declined, Investors Sought Staples

by Marsha Zapson

In summarizing performance of exchange-traded funds for the year 2000, Christopher Traulsen, head ETF analyst for Morningstar, describes the year as the bursting of the speculative bubble for technology stocks and the reemergence of forgotten players such as consumers and staples.
ETFR Features

At Long Last, the NYSE Launches its ETF

by Kelly Haughton

The world’s largest stock exchange has finally thrown its hat into the ring by launching its first exchange-traded fund.

Not All ETFs are The Same

by ETFR Staff

Are the new actively managed funds from DWS Investment GmbH really ETFs? John Demaine, director of iShares plc, thinks not.

Indexing Gets Real

by Elise Coroneos

The announcement by Morgan Stanley Capital International in December that the firm will implement a transitional program to free-float weight its indices means MSGI will join the ranks of other major index providers, including Standard & Poor’s and Dow Jones, which have already made this change.

The Back Office: Three US Banks Dominate Custodial Services

by Marsha Zapson

One of the more easily overlooked components of exchange-traded fund production is the back office operation.