On July 18, Global X Funds announced the launch of their new Super Income Preferred ETF [SPFF]. The fund will track the S&P Enhanced North American Preferred Stock Index, which is comprised of approximately 50 preferred stock securities with the highest yield. SPFF will charge an expense ratio of 0.58%. You can access more information on the fund by visiting its overview page.
On July 24, Vanguard filed paperwork outlining plans to launch an index fund that will invest in short-term inflation protected securities as well as include an ETF share class. The proposed Vanguard Short-Term Inflation-Protected Index Fund would track the Barclays U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index and will charge and annual expense ratio of 0.10%
On July 25, Huntington Asset Advisors launched the Huntington US Equity Rotation Strategy ETF [HUSE] an actively managed domestic equity ETF that uses a rotation strategy to generate returns while also remaining invested across the broad market S&P 1500 universe. The fund HUSE also has an expense ratio of 0.95%.
Also on July 25, AdvisorShares announced that the AdvisorShares DENT Tactical Advantage ETF (DENT) will “no longer be rolled into another AdvisorShares fund as previously planned, but instead be liquidated in August,” according to IndexUniverse.com