ETF News - 9/25/2014

Posted on 09/25/2014

ETF news including new launches, closings, and ETF filings.

  • On September 19th, Global X Funds announced they would close the Global X Canada Preferred ETF CNPF and the Global X Pure Gold Miners ETF GGGG. These funds will trade until October 16th with liquidation occurring on October 24th. According to Global X, these two funds represent less than 1% of their total assets under management.
  • On Friday, September 19th, Goldman Sachs Group Inc filed with the SEC to launch a series of active ETFs, including one equity ETF dividend fund. Five years ago, the company filed for permission to launch passive index-tracking ETFs but never introduced any funds. Goldman also filed on Friday for approval to self-index, allowing them to have funds with their own proprietary indexes. The initial fund mentioned in the filing is the Goldman Sachs Equity Dividend fund. It will primarily invest in dividend paying US equities.
  • Last week, Guggenheim Investments launched four new funds to its BulletShares bond ETF lineup. This lineup allows investors to treat entire diversified corporate bond portfolios as if they were individual expiring bonds. The new additions to the lineup include two investment-grade funds with expense ratios of 0.24 percent and two high-yield funds with expense ratios of 0.42 percent.
  • Guggenheim BulletShares 2023 Corporate Bond ETF BSCN
  • Guggenheim BulletShares 2024 Corporate Bond ETF BSCO
  • Guggenheim BulletShares 2021 High Yield Corporate Bond ETF BSJL
  • Guggenheim BulletShares 2022 High Yield Corporate Bond ETF BSJM

 

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Symbol Performance
EMQQ 51.445%
KWEB 51.368%
ARKK 51.122%
ARKW 49.433%
CXSE 47.444%
SCIF 46.726%
PGJ.TR 45.044%
CQQQ 44.457%
PGJ 44.278%
SCIN 43.862%
PLND 42.356%
Sector Symbol Performance
Technology FDN 49.433%
Healthcare BBH 36.189%
Real Estate FRI 35.279%
Basic Materials GDX 33.113%
Energy DBE 28.666%
Financial BSV 28.103%
Consumer Cyclical FXD 25.764%
Industrial EXI 17.022%
Utilities FIW 16.661%
Telecommunications IXP 13.748%
Consumer Noncyclical FXG 13.167%
Financial Services FREL 4.222%

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