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Page 1 of 3
- Page 1: New ETF listings
- Page 2: League Table
- Page 3: The complete list of ETFs (and ETNs) in registration
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NEW LISTINGS
There were no new ETF listings
during the covered period.
NEW FILINGS
FocusShares Files For A Comeback
FocusShares, which shuttered its entire
lineup of niche sector ETFs last year, looks like it is planning its
comeback. Its most recent filing with the Securities and Exchange
Commission details plans for six target date ETFs, each with
termination dates set at five-year intervals between 2015 and 2040.
According to the original exemptive
relief filing by FocusShares, the funds will track indexes from
Mergent Inc.'s Indxis subsidiary.
The underlying indexes are a
combination of U.S. government STRIPS and equities, with the weights
of both segments varying according to the index's target date (the
STRIPS' weight decreases the farther out the target date, while the
weighting in equities increases).
The equities portion consists of seven
equally weighted asset classes (U.S. Small Cap Value, U.S. Small Cap
Growth, U.S. Mid Cap Value, U.S. Mid Cap Growth, U.S. Large Cap
Value, U.S. Large Cap Growth and International), each represented by
50 equally weighted securities.
Weightings range from 44% for the STRIPS portion and 8% for each of the seven equity asset
classes for the fund targeting 2015 to a 21.04% STRIPS weighting and an 11.28% weighting for the other asset classes in the 2045 fund.
According to the filing the funds will charge an annual fee of 0.99%.
Read the most recent FocusShares filing
here.
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