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FUNDS
Three providers control ETF market October 13, 2009 Trio Exchange Traded Fund (ETF) providers iShare, State Street Global Adviser (SSgA) and Vanguard, dominate the worldwide and domestic ETF industries. Among 95 ETF providers, these three companies control more than 71% of
the worldwide asset under management and 85% of the U.S. assets at the
end of August 2009, according to Barclays Global Investors (BGI). As a the largest ETF provider in terms of both number of products and asset, iShare alone controls 48.2% global market and 52.9% U.S. market with $429.32 billion asset under management from 391 ETFs. SSgA is second with 15.6% market share followed by Vanguard with 15.6% market share. Continue reading
| | Top ETFs
| Symbol | Price | Change | % Chg |
| SPY | 115.97 | -0.59 | -0.50% |
| EFA | 55.37 | -0.57 | -1.02% |
| EEM | 41.19 | -0.54 | -1.29% |
| IWM | 67.41 | -0.85 | -1.25% |
Quotes are by IDC Comstock and are delayed 20 minutes.
Fund prices are from Morningstar. |
SPDR S&P 500 (SPY)
iShares MSCI EAFE Index (EFA)
iShares MSCI Emerging Mkts Index (EEM)
iShares Russell 2000 Index (IWM)
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| ETF assets hit an all time high October 11, 2009 Exchange traded funds (ETFs),
which trade on exchanges like individual stocks, continue to enjoy
considerable momentum as an investment vehicle given their ability to
offer exposure to such a wide variety of asset classes,
regional markets, and sectors with relative ease on a real-time basis
during the trading day at a lower cost than many other forms of
investment vehicles. The ETF benefits have
attracted many institutional investors and retail investors since the
first launch in U.S. in 1993. In contrast with regular mutual funds
that have been around for more than 80 years, the U.S. ETFs enjoyed $47.4 billion inflow in the first seven months of 2009 while regular mutual funds suffered an outflow of $50.6 billion. Continue reading
ETF Structure and Advantage August 9, 2009 Exchange-traded
funds (ETFs) keep flourishing as they recorded their largest month on
record in July with US$646-billion in assets, according to Birinyi
Associates. Exchange traded funds in their basic
form are baskets of securities that are traded, like individual stocks,
on an exchange. Funds can track any number of indexes from the
large-cap S&P 500, small-cap Russell 2000, or even commodities.
Most of ETFs on the market currently are passively managed, tracking a
wide variety of broad to narrow market indexes. Continue reading
ETF Gains Favor Over Mutual Fund January 13, 2009 Investors
kept pumping more money into U.S. mutual funds and exchange-traded
funds (ETFs) in December, finishing 2008 with a flourish. Behind the
industry expansion, stock mutual funds suffered record net outflows. Continue reading
Mutual Funds: Easy & safe from fraud January 12, 2009 The recent revelation of a multibillion-dollar Ponzi scheme run by Madoff
reinforces classic investment advices, especially for individual
investors. The investors may be in the dark and exposed to investment
scheme when they hand their money over to someone else called financial
wizards. Good news, these days it is pretty straightforward to invest
your money prudently and have direct control on them. Continure reading
Rescuing U.S. Money-Market Fund Treasury provides temporary guarantee to money fund, while Fed pumps money September 19, 2008 The
Treasury Department and the Federal Reserve announced separate actions
Friday, September 19, designed to bolster the nation's $2 trillion of
assets in money market fund assets and to pump money into the financial
system and convince banks to begin lending again and stop hoarding
cash, which was choking financial markets and threatening the already
fragile economy. Continue
Mutual Fund Mutual
funds allow a group of investors to combine their cash and invest it.
By pooling their money together, mutual fund investors can sample a
broader range of stocks or bonds than they could if they were trying to
buy the stocks and bonds on their own. When you
buy a mutual fund, you're actually buying an ownership stake in a
corporation that in turn hires a fund manager to invest its money. The
price of a single ownership stake in a fund is called its net asset
value, or NAV. Continue reading | |
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