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ETF Watch: Sept. 28 – Oct. 2
By Heather Bell | October 04, 2009

Related ETFs: RFF / RPQ / RPX / RWG


  • Grail rolls out four actively managed ETFs
  • BGI launches Eastern Europe fund
  • PowerShares gives PSP a globalizing makeover

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NEW LISTINGS


Grail Rolls Out More Active ETFs


Grail kicked off October with the launch of four actively managed exchange-traded funds. The new products use traditional stock-picking methods; they include the RiverPark Growth ETF (NYSEArca: RPX), RiverPark Focused Large Cap Growth ETF (NYSEArca: RWG), RiverPark Financials ETF (NYSEArca: RFF) and RiverPark Technology ETF (NYSEArca: RPQ). Each is managed by RiverPark Advisors and charges an expense ratio of 0.89 percent.

Read the original IU.com article here.

Read the most recent filing for the funds here.


iShares Launches Emerging Europe ETF


On Oct. 2, Barclays Global Investors rolled out its iShares MSCI Emerging Markets Eastern Europe Index Fund (NYSEArca: ESR). The fund tracks a portfolio of stocks drawn from the markets of Russia, Poland, Czech Republic and Hungary, though Russia is the dominant country by far, with a 75% weighting. Energy stocks also have an outsized weighting in the fund, at 52% of the portfolio. It charges an expense ratio of 0.72 percent.

Read the original IU.com article here.

Read the prospectus for ESR here.


PSP’s Global Makeover


Invesco PowerShares just made some major changes to its private equity ETF. The fund’s index was changed from a strictly domestic benchmark to a global one. The fund has been renamed the PowerShares Global Listed Private Equity Portfolio, but still trades on the NYSE Arca under the PSP ticker. It also still charges 60 basis points.

Read the original IU.com story here.

Read PSP’s prospectus here.


NEW FILINGS

 

There were no new filings during the covered time period.