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Global X Drafts MLP ETFs
April 18, 2011 8:01 am
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Global X Funds, the New York-based firm known for its developing market and natural resources funds, is taking steps to market two ETFs that would tap into the world of master limited partnerships by investing in energy infrastructure and natural gas MLPs. In a filing with the Securities and Exchange Commission, Global X outlined the Global X MLP Infrastructure ETF and the Global X MLP Natural Gas ETF, both of which will replicate Structured Solutions’ Solactive indexes. The filing did not specify tickers or disclose fees, but it did say that both funds might use derivative instruments such as futures, options and swap contracts in their portfolios. MLPs—partnerships that generate most of their income from the natural resources sector—often pay hefty dividends thanks to their tax treatment, which makes them particularly attractive at a time of near-zero interest rates. And because they make money from fees rather than from the underlying commodities themselves, MLPs are relatively protected from volatility spikes in commodities prices. Global X is the latest firm to join the quickly growing MLP space. Just last month, New York-based investment bank Morgan Stanley launched the energy-transport-focused Morgan Stanley Cushing MLP High Income Index ETN (NYSEArca: MLPY). MLPY joined the likes of the JPMorgan Alerian MLP ETN (NYSEArca: AMJ), a couple of UBS E-TRACS ETNs, as well as the Alerian MLP ETF (NYSEArca: AMLP), among others.
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Short-Seller’s Guide To GLD
Gold, despite its recent rebound, has gotten clobbered over the past three months.Looking Beyond VWO And EEM
Broad-based, cap-weighted ETFs were the way to play emerging markets over the past decade. But it’s time for investors to become more strategic and look beyond VWO and EEM.-
May 24, 2012
Best/Worst Daily ETF Returns: Gold Miners Shine Gold miner funds bounced back on Wednesday, May 23, as the markets mostly took a breather from recent selling. -
May 24, 2012
Short-Seller’s Guide To GLD Gold, despite its recent rebound, has gotten clobbered over the past three months. -
May 23, 2012
Best/Worst Daily ETF Returns: Commodities Fall CRUD fell 6.89 percent on Tuesday, May 22, the leading edge of a broad decline in commodities prices. -
May 22, 2012
Best/Worst Daily ETF Returns: Energy Shines CRUD was the best-performing ETF on Monday, May 21, boosted by policymakers’ search for ways to support the global economy. -
May 21, 2012
First Trust Plans Broad Futures ETF First Trust plans broad futures ETF, though it doesn’t lay out strategies for dealing with contango.
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JP Morgan & ETN Credit Risk
Paul & Ugo discuss the implications of J.P. Morgan's $2 billion loss, the European debt crisis and what it means for ETN investors.
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