Follow ETF Watch on Twitter for all the newest ETF filings.
Note: Want to receive an email notice as soon as ETF Watch is posted?
Editor's Note: As of the start of 2012, ETF Watch has transitioned to daily updates, rather than weekly.
FRIDAY, AUG. 10
John Hancock Files For First ETF Financial firm John Hancock has filed for its first ETF. The John Hancock Global Balanced ETF will be an actively managed fund that will invest in global equities and fixed-income securities in a roughly 60/40 split between the asset classes. The fund is slated to trade on the NYSE Arca exchange, but the filing did not detail fees or a ticker.
THURSDAY, AUG. 9
iShares Plans Raft Of Currency ETFs iShares filed paperwork with the SEC on a family of actively managed currency ETFs. The 14 funds will target individual currencies and track their performance against the U.S. dollar, plus their yield, by holding a combination of U.S. dollar-denominated short-term fixed-income securities and spot foreign exchange currency contracts.
The list of ETFs in the filing includes:
- iShares Australian Dollar Cash Rate Fund
- iShares Singapore Dollar Cash Rate Fund
- iShares Swedish Krona Cash Rate Fund
- iShares Swiss Franc Cash Rate Fund
- iShares Thai Offshore Baht Cash Rate Fund
- iShares Turkish Lira Cash Rate Fund
- iShares British Pound Cash Rate Fund
- iShares Canadian Dollar Cash Rate Fund
- iShares Chinese Offshore Renminbi Cash Rate Fund
- iShares Euro Cash Rate Fund
- iShares Japanese Yen Cash Rate Fund
- iShares Mexican Peso Cash Rate Fund
- iShares New Zealand Dollar Cash Rate Fund
- iShares Norwegian Krone Cash Rate Fund
No tickers or fees were included in the document.
WEDNESDAY, AUG. 8
AdvisorShares Rolls Out Hedge-Fundlike ETF On Wednesday, AdvisorShares debuted an actively managed ETF-of-ETFs that seeks to outperform a portion of the components of the HFRI Equity Hedge Fund Index. The QAM Equity Hedge ETF (NYSEArca: QEH) takes long or short positions in other ETFs and ETNs based on a strategy that considers roughly 50 market factors. The fund charges a net expense ratio of 1.64 percent.
TUESDAY, AUG. 7
SSgA Plans More Active ETFs State Street Global Advisors recently filed for three actively managed ETFs focused on very-short-term fixed income. The funds will invest in investment-grade debt securities issued by government and corporate entities. The planned ETFs include: The SPDR SSgA Ultra Short Term Bond ETF (effective duration targeted: three to nine months), the SPDR SSgA Conservative Ultra Short Term Bond ETF (effective duration targeted: four months or less) and the SPDR SSgA Aggressive Ultra Short Term Bond ETF (effective duration targeted: six to 12 months). The filing did not include tickers or fees.
FocusShares To Shut Down Entire Lineup FocusShares announced recently it would be closing its entire lineup of 15 ETFs due to their lack of assets. The funds are scheduled to cease trading on Aug. 17, with liquidation following after that. The firm's funds were launched in March 2011, after its 2010 acquisition by Scottrade.
The list of ETFs to be closed includes:
- Focus Morningstar US Market Index ETF (NYSEArca: FMU)
- Focus Morningstar Large Cap Index ETF (NYSEArca: FLG)
- Focus Morningstar Mid Cap Index ETF (NYSEArca: FMM)
- Focus Morningstar Small Cap Index ETF (NYSEArca: FOS)
- Focus Morningstar Basic Materials Index ETF (NYSEArca: FBM)
- Focus Morningstar Communication Services Index ETF (NYSEArca: FCQ)
- Focus Morningstar Consumer Cyclical Index ETF (NYSEArca: FCL)
- Focus Morningstar Consumer Defensive Index ETF (NYSEArca: FCD)
- Focus Morningstar Energy Index ETF (NYSEArca: FEG)
- Focus Morningstar Financial Services Index ETF (NYSEArca: FFL)
- Focus Morningstar Health Care Index ETF (NYSEArca: FHC)
- Focus Morningstar Industrials Index ETF (NYSEArca: FIL)
- Focus Morningstar Real Estate Index ETF (NYSEArca: FRL)
- Focus Morningstar Technology Index ETF (NYSEArca: FTQ)
- Focus Morningstar Utilities Index ETF (NYSEArca: FUI)
|