Sections

ETF Watch: February 1 – February 5
By Heather Bell | February 07, 2010

Page 1 of 3

Here are some of last week’s highlights:

Pimco launches active short-term muni ETF
iShares wants to expand country-specific lineup
Global X plans equity ETFs tied to metals industry

Note: Want to receive an email notice as soon as ETF Watch is posted? Just click here to subscribe.

NEW LISTINGS

Pimco Rolls Out Short-Term Active Muni

Pimco continued to increase its footprint in the actively managed exchange-traded fund space with the launch of another fixed-income fund on Feb. 2. The Pimco Short Term Municipal Bond Strategy (NYSEArca: SMMU) invests in AMT-free muni bonds of short-term maturity. The initial portfolio consists of 31 issues. It comes with an expense ratio of 35 basis points, among the most expensive in the muni asset class; however, Pimco’s funds are the only actively managed muni ETFs available.

Read the original IU.com story here.

Read the prospectus for SMMU here.

NEW FILINGS

iShares To Expand Country-Specific ETFs Roster

Recent filings with the Securities and Exchange Commission by iShares indicate that the firm is looking to greatly expand its well-known lineup of country-specific ETFs. The latest list from iShares includes the following:

iShares MSCI USA Index Fund (prospectus)
iShares MSCI Brazil Small Cap Index Fund (prospectus)
iShares MSCI Egypt Capped Investable Market Index Fund (prospectus)
iShares MSCI Ireland Capped Investable Market Index Fund (prospectus)
iShares MSCI Russia Capped Index Fund (prospectus)
iShares MSCI Philippines Investable Market Index Fund (prospectus)

There are existing ETFs that cover the U.S., of course, but also the Brazilian small-cap market and Russia. There are also currently funds in registration that are set to cover Egypt, Ireland and the Philippines.

Read the original IU.com article here.

Global X To Add Metals ETFs To Lineup

Global X is the next company to join the rush into metals-based equity ETFs with the registration of four funds tracking companies linked to copper, gold, platinum and silver mining. The space has become fairly popular recently, with Van Eck and ALPS currently operating funds in the area, and First Trust filing to launch its own as well. The Global X ETFs will include the following:

Global X Copper Miners ETF
Global X Gold Miners ETF
Global X Platinum Miners ETF
Global X Silver Miners ETF

Tracking respective market-cap-weighted, free-float-adjusted Solactive Global indexes provided by Structured Solutions AG, each ETF will essentially be a broad-based play in each of those markets.

You can read the original IU.com article here.

You can view the SEC filing here.

1 | 2 | 3

Analyst Blogs

By Paul Britt

Inside ETFs: A Reality Check

The Inside ETFs conference last month was a great opportunity for an ETF analyst like me to escape my ivory tower.

By Paul Baiocchi

Summing Sector SPDRS = SPY?

You’d think owning the nine sector SPDRs in proportion to their weightings in the S&P 500 is a way to recreate SPY. But you’d be wrong.

By Olivier Ludwig | January 03, 2012
2011 ETF Flows: EEM Bleeds, VWO Exceeds The battle of VWO vs. EEM ends 2011 with an exclamation point.
By Cinthia Murphy | January 31, 2012
iShares Plans 2 Emerging Corporates ETFs iShares plans two emerging markets corporate bond funds, including one focused on junk.
By Alex Ulam and Olly Ludwig | January 30, 2012
WisdomTree Swings To Fourth-Quarter Profit WisdomTree swings to a fourth-quarter profit, but net income slips from third quarter as average assets fall.
By Olivier Ludwig | January 19, 2012
Malkiel: Dividend Stocks Good For Seniors Indexing legend Burton Malkiel says for the over-60 set, high-yielding stocks might be the new bonds.