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ETFR: S&P vs Vanguard Appears Close to an End

February 2001
ETFR Cover Story

S&P vs Vanguard Appears Close to an End

by Khalid Ghayur

The McGraw-Hill Companies and the Vanguard Group are in the last stretch of a legal battle that will either allow or bar the listing of a new set of exchange-traded funds the mutual fund company is calling VIPERS, after both sides recently submitted final arguments outlining their positions in United States District Court for the Southern District of New York.

Shorts Strong in 2000; the QQQ Helped

by Kelly Haughton

Despite the bruising the Nasdaq took last year, the market system broke records for volume and dollar value of shares traded.
ETFR Features

Phantom tracking error

by Elise Coroneos

Logic says that by design, the performance of exchange-traded funds should closely follow the performance of their underlying indices. While most analysts agree that ETFs products should generally mirror their underlying indices, the quest to reduce sources of tracking error continues.

The back office: An upfront look at the creation process

by Marsha Zapson

This is the second article of a two-part series examining that frequently overlooked component of exchange-traded funds: the back office. Last month, ETFR presented the players; this month, we take a close look at the ETF creation/redemption process.

Euronext Offers More of Europe for Less

by Elise Coroneos

Euronext, Europe’s first and only multi-country exchange, has begun trading the first of what is touted to be at least a dozen exchange-traded funds.

Nuveen and Barclays race to offer first fixed income ETF

by Kelly Haughton

Nuveen Investments and Barclays are vying with one another to be the first to offer an ETF bond product in the US. Barclays Canada rolled out a version of a bond ETF last year, but that product was not based on an index and was geared almost exclusively toward retail investors.