New Exchange Traded Fund Breaks New Ground in Giving Investors New Investment Choices
San Francisco, CA (ContentDesk) January 12, 2006 -- The world of Exchange Traded Funds continues to expand into uncharted territory. Rydex Investments has launched the first Currency ETF. Each share of the ETF will represent 100 euros plus accrued interest. In this way an investor can gain when the Euro gains in price as well as accruing interest while the fund is held. Of course this would be true if the investor was long the fund.
Exchange Traded Funds trade like stocks so if an investor believes the Euro is about to take a drop, the investor could short this fund like a stock is shorted. Each share of the trust represents 100 Euros. This fund likely to not only be popular with individual traders but also be popular with hedge funds that want to use this fund to hedge against the US Dollar.There are other funds that can also act as a hedge besides the new Euro Fund. StreetTracks Gold fund can also act as a hedge against the dollar, however the advantage of the new Euro fund is that the investor accrues interest while the Gold fund does not.Interest on the primary account accrues daily, with rates based on the most recent Euro Over Night Index Average minus 0.27%, paid monthly. The rate can change over time, the fund's backers say.The fund was launched on the NYSE.
This is another victory for the NYSE after attracting the streetTracks gold fund, which has proven to be immensely popular. The gold fund is one of the fastest growing funds. There are high expectations for the Euro fund, as it is also expected to be very popular with investors. AS for the NYSE, they are very excited to be chosen as the exchange to host this fund. According to NYSE officials, it plans to introduce more currency products in the not to distant future.
For the latest information on the fast changing Exchange Traded Fund Industry visit www.exchangetradedfundinvesting.com
You will find information on rankings of funds based on returns and popularity, articles, market conditions and more..
Strategic Capital Advisors, LLC, Brokers Three Key Acquisitions for Pioneer Investment Management, Inc.
Strategic Capital Advisors, LLC, led by founder Arthur J. Drago, brokered three strategic deals for Boston-based Pioneer Investment Management, Inc. in 2004, bringing the Pioneer family of funds approximately $3.3 billion in assets and the adoption of 13 funds inclusive.The latest transaction was Pioneer's $3.1 billion acquisition of 22 Safeco (Nasdaq: SAFC) mutual funds from the Seattle-based insurance company. Seven of these funds were reorganized as Pioneer funds; fifteen were merged into existing Pioneer funds. Earlier in the year, two Oak Ridge (Oak Ridge Investments, LLC, Chicago) equity funds with a total of $25 million in assets were reorganized as Pioneer Oak Ridge funds, and four Papp (L.
Roy Papp & Associates, LLP, Phoenix, AZ) equity funds with a total of $153 million in assets were reorganized as Pioneer Papp funds.
"Strategic Capital Advisors took the extra time to understand our company and our posture," noted Steven Graziano, Pioneer's Executive Vice President,...
Hedge funds > Strategic Capital Advisors, LLC, Brokers Three Key Acquisitions for Pioneer Investment Management, Inc.
Emerging Market Exchange Traded Funds Doing Well
San Francisco, CA (ContentDesk) February 18, 2006 -- If you look at the leading 10 Exchange Traded Funds so far this year, you will see many of these funds are Emerging Market Funds. In general these funds are doing better then US Funds.In spite of there strong performance, all Emerging Market Funds are not the same. You need to see what the underlying Equities are that make up these funds, and then look for trends.The Foreign ETFs that are invested more in manufacturing are doing the best in this area now. This is a shift from what we have seen in the past. The Emerging market ETFs that previously have had the best performance were those that have invested in companies that income was based on commodities, especially oil.Two of the leading emerging market exchange traded funds are iShares MSCI Brazil (EWZ) and iShares FTSE.XINHUA China 25 Index Fund (FXI).
These funds are doing well and institutional investors are still showing confidence in these ETFs. This is a trend that has...
Emerging Market Exchange Traded Funds Doing Well
Hedge funds > Emerging Market Exchange Traded Funds Doing Well
Hedge Fund of Fund Performance in 2005
(ContentDesk) February 3, 2006 -- Contrary to the recent influx of negative press about the hedge fund industry, the Alternative Asset Center Fund of Hedge Funds Benchmark shows respectable cumulative returns for 2005 and the sectors second-highest annual performance return since 2000.The year brought returns of 7.53% for AACs equally-weighted average of 2,708 funds of hedge funds,* outperforming the S&P 500 Index by 2.61% and more than tripling the Lehman Bond Return of 2.43%.The AAC Benchmarks 7.53% return is more than a percentage point higher than its 2004 average (6.43%), and greater than the returns of 2001 and 2002 combined (5.25% and 1.89% respectively).Nine of the 12 months brought positive returns in for the Benchmark this year, and a second-half surge shows promise for 2006.While four of the first five months of 2005 saw miniscule or negative returns for the AAC Benchmark, funds of funds rallied for combined gains of 5.43% between June and September. The fund-of-fund sector...
Hedge Fund of Fund Performance in 2005
Hedge funds > Hedge Fund of Fund Performance in 2005
Hedge Fund Advisers Will Continue to Register Despite Court Decision to Strike Down SEC Rule
Copyright 2006 Stephen Furnari
Small, independent hedge funds were given a boost on Friday by a favorable court decision that struck down a controversial rule requiring hedge funds to register with the Securities and Exchange Commission.
Notwithstanding the decision, many fund advisers are expected to continue to register voluntarily in order to attract and retain institutional investors.
In 2004, the SEC amended one of the key exemptions fund advisers relied on to avoid registration with the SEC as an investment adviser. Previously, fund managers with fewer than 15 clients were not required to register as an investment adviser.
Under the old rule, each fund the adviser managed was considered a "client", regardless of the number of individual investors in the fund.
In most cases, managers that advised fewer than 15 funds could avoid registration as an investment adviser.
Under the 2004 rule amendment, the SEC changed the...
Hedge funds > Hedge Fund Advisers Will Continue to Register Despite Court Decision to Strike Down SEC Rule
The Hedge Fund Headache
The Hedge Fund HeadacheByHedge Funds are dangerous. They play with the D-bomb and Hedge Fund managersdon't know what they are doing. They are like children playing with alandmine in a sandbox. It's fun and exciting until the darn thing goes off.A D-bomb explosion would have the same impact on the global financialmarket, as an H-bomb would have denoted over Salt Lake City. The resultwould be a multi-century wasteland after the explosion.
A D-bomb explosionmeans that our Civilization will be facing a new multi-century Dark Age.The D-bomb is the Derivatives Market. In theory, derivatives are balancedrisk investments that allow Hedge Funds, banks, insurance companies andothers to profit from the spread created by the bet. The three designproblems with D-bombs are that the risk is usually an either or option thatdoesn't factor in a third alternative. Many bundled derivatives havecomponents that don't represent outside financial instruments that mighthave value after a D-bomb explosion....
The Hedge Fund Headache
Hedge funds > The Hedge Fund Headache
New Exchange Traded Fund Breaks New Ground in Giving Investors New Investment Choices
San Francisco, CA (ContentDesk) January 12, 2006 -- The world of Exchange Traded Funds continues to expand into uncharted territory. Rydex Investments has launched the first Currency ETF. Each share of the ETF will represent 100 euros plus accrued interest. In this way an investor can gain when the Euro gains in price as well as accruing interest while the fund is held. Of course this would be true if the investor was long the fund.
Exchange Traded Funds trade like stocks so if an investor believes the Euro is about to take a drop, the investor could short this fund like a stock is shorted. Each share of the trust represents 100 Euros. This fund likely to not only be popular with individual traders but also be popular with hedge funds that want to use this fund to hedge against the US Dollar.There are other funds that can also act as a hedge besides the new Euro Fund. StreetTracks Gold fund can also act as a hedge against the dollar, however the advantage of the new Euro fund...
New Exchange Traded Fund Breaks New Ground in Giving Investors New Investment Choices
Hedge funds > New Exchange Traded Fund Breaks New Ground in Giving Investors New Investment Choices
Hedge funds
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