JP Morgan Asset Management, one of the largest issuer of mutual funds in the US, ventured into the fast growing exchange-traded funds space by launching the JP Morgan Diversified Return Global Equity ETF (JPGE) on the NYSE Arca. The launch of this much-anticipated geographically diversified “smart beta” equity fund is expected to build on JPM’s reputation as an active asset …
New ETFs On The Block: iShares Qatar (QAT) And United Arab Emirates ETFs (UAE)
The Middle East has often been ignored by exchange traded fund issuers of the world though the region gained in economic prominence with the surfacing of the so-called Frontier Markets. Among the frontier markets, Qatar and United Arab Emirates have been outperforming, and the international investor community was quick to recognize their emergence. Also, Qatar’s winning the hosting rights of …
New ETFs On The Block: State Street SPDR Barclays International High Yield Bond (IJNK)
The unwinding of the Federal Reserve’s bond purchase program, and the gradual improvement of the US labor market, will result in a hike in interest rates, possibly by the spring of 2015 as mentioned by Fed chairwoman Janet Yellen after the last FOMC meet. Anticipating the shift, many investors are steering clear of long-duration US Treasuries and corporate bonds, but …
New ETFs On The Block: Cambria Global Value ETF (GVAL)
Mebane Faber’s Los Angeles, California-based Cambria ETF Trust and Cambria Investment Management LP launched its fourth exchange-traded fund recently, the Cambria Global Value ETF (GVAL). GVAL is a passively-managed strategic-beta fund and tracks the Cambria Global Value Index. The NYSE-Arca listed fund is comprised of 100 stocks from the world’s 11 most undervalued developed and emerging market countries, as determined …
New ETFs On The Block: Powershares International Buyback Achievers Portfolio (IPKW)
Invesco PowerShares, the IL-based global provider of mutual and exchange-traded funds with total assets exceeding $770 billion, has launched an international version of its wildly successful Buyback Achievers Portfolio (PKW). PKW has nearly $3 billion in assets, making it one of the most successful broader market ETFs over the past few years and has comfortably outperformed the S&P 500 index …
New ETFs On The Block: Ishares Enhanced International Large-Cap ETF (IEIL)
iShares, the world’s largest issuer of exchange-traded funds, unveiled two-new actively managed ETFs that are similar to products the company launched in April 2013. The iShares Enhanced International Large-Cap ETF (IEIL) and the iShares Enhanced International Small-Cap ETF (IEIS) are the international cousins of the iShares Enhanced US Large-Cap ETF and the iShares Enhanced US Small-Cap ETF, respectively. The two …