Financial companies are especially subject to the adverse effects of economic recession, currency exchange rates, government regulation, decreases in see page the availability of capital, volatile interest rates, portfolio concentrations in geographic markets and in commercial and residential real estate loans, and competition from new entrants in their fields of business. Unlike larger national or other regional banks that are more geographically diversified, a community banks financial performance may be highly dependent upon the business environment in certain geographic regions of the U.S. and may be adversely impacted by any downturn or unfavorable economic or employment developments in its local market and the U.S. as a whole. The fund is classified as non-diversified and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.
Looking Forward: A Glance Into 2015’s ETF Landscape – Forbes
Moreover, REITs add diversification benefits to the portfolio and also act as an inflation hedge. Also, with a gradually improving economy and the prevailing low interest rate, the outlook for the REIT industry is expected to remain strong going forward (read: REIT ETFs for Income and Diversification ). ETF Competition The fund if approved is expected to face competition from some of the top players in the REIT space. Vanguard REIT ETF( VNQ ) with an asset base of $25.9 billion is the most popular product in this space. The fund tracks the MSCI US REIT to provide exposure to 138 stocks, having the highest allocation to Retail REITs (26%), followed by Residential REITs (16%) and Healthcare and Office REITs (13% each). The fund is quite cheap with just 10 basis points as fees and has a solid dividend yield of 3.57% (see all Real Estate ETFs here ).
ETFs about to pass $2 trillion in assets
New York Life announced the acquisition on Thursday, but the deal’s exact terms weren’t disclosed. A news release said IndexIQ will be integrated into the giant insurer’s investment-management business and marketed through New York Life’s Mainstay Investments platform, which currently offers mutual funds. The acquisition is part of a trend in which “many mutual fund providers are losing market share to lower cost ETFs and are taking a number [of] steps to battle back,” said Todd Rosenbluth, director of ETF and mutual fund research at S&P Capital IQ, in a note. Index IQ has been viewed as a takeover target for at least a few months, as a report in October said Goldman Sachs was in talks to buy the ETF provider. IndexIQ is a relatively small ETF company in terms of assets, ranking outside the top 20, according to ETF.com data .
Market Vectors to Close Five ETFs – Yahoo Finance
Market Vectors ETF Trusts board of trustees yesterday approved the closure of the Market Vectors Colombia ETF ( COLX ) , Market Vectors Germany Small-Cap ETF ( GERJ ) , Market Vectors Renminbi Bond ETF ( CHLC ) , Market Vectors Latin America Small-Cap Index ETF ( LATM ) and the Market Vectors Bank & Brokerage ETF ( RKH ) . This distribution is currently scheduled to paid on December 15, 2014, according to a statement issued by Market Vectors. All five of the ETFs will cease trading on the New York Stock Exchange after the close U.S. markets on Dec. 12.
ETF Firm Buyout Seen As ‘can’t Beat Them, Join Them’ Move | Fox Business
It all began in 1993 with the S&P 500 SPDR , known as “The Spider,” which tracks the whole index pretty much exactly. Read More Bullish bound in gold ETF? It hasn’t helped that active investing is having another brutal year. Just 9 percent of U.S. equity mutual funds are beating the S&P 500 this year, according to the Wall Street Journal. ETFs “are the Uber of capital markets, pairing lower costs and convenience to offer a service previously associated with wealthier consumers,” said Colas, who started his career on Wall Street in the mailroom of a mutual fund company in 1984.
First Trust Announces that Assets Now Exceed $100 Million in the First Trust RBA American Industrial Renaissance® ETF – Yahoo Finance
We founded our firm in 2007 because there is a better way to invest. I have spent most of my career on Wall Street advising some of the wealthiest families in the country including 3 of the Forbes 400 families. However, I realized that selling hedge funds, structured products, and other complex strategies with high fees and hidden conflicts doesnt translate into good advice and it simply doesnt work especially in the post-2008 market environment. Our simple belief is that sophisticated advice using low cost index funds and ETFs delivers better results for our clients. Our approach has been validated by decades of research and we are now one of the faster growing independent firms in the country.