Americas ETP News
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..Canadian ETF Industry Reports $3 Billion in Sales During Last Quarter
January 16, 2012--According to the Canadian ETF Association (CETFA), Canadian-listed exchange traded funds continued to show strong sales for the fourth quarter of 2011 (Q4). The latest Quarterly ETF Asset Flow Report shows that the Canadian ETF Industry had nearly $3 billion in net new sales during Q4, finishing 2011 with more than $7.6 billion in net new sales.
Despite difficult market conditions in 2011, strong sales helped Canadian ETF assets grow by nearly 13 per cent to slightly more than $43.1 billion .
Each quarter the CETFA compiles the sales data for the entire Canadian ETF industry. In order to determine net sales, the CETFA looks at the amount of money that is used for net creations, or the creation of new ETF units. If any ETF experiences net creations, it means more units of that ETFs are being bought than sold. If the industry is in net creations, positive sales are occurring. If it is in net redemptions, money is flowing out of the industry.
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Source: Canadian ETF Association
Sprott announces new platinum, palladium fund
January 16, 2012--Sprott Inc is to launch a new $115 million physically-backed exchange-traded fund (ETF) investing in platinum and palladium.
It will allow retail and institutional investors to gain exposure to metal spot prices without having to collect and store the metals, Reuters reports.
The ETF will be a long-term consideration and will not involve short-term speculation on price fluctuations, according to a preliminary prospectus lodged at the US Securities and Exchange Commission last week.
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Source: Platinum Today
Bovespa Clearing Stranglehold Faces Challenge
January 16, 2012--Direct Edge, the fourth-largest US exchange operator, has insisted that access to clearing at Brazil’s biggest exchange operator should be opened up in the interest of competition.
BM&FBovespa, which runs a near monopoly on equities and derivatives trading, is refusing to open its clearing arm to outsiders in a stance rivals say will stifle competition.
The issue has become a focus of traders interested in the Brazilian market since competition against established exchanges has swept most other markets, with few barriers to usage of clearing systems.
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Source: CalibratedConfidence.com
PowerShars files with the SEC-PowerShares [Commodity Rotation Portfolio]
January 13, 2012--PoweShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares [Commodity Rotation Portfolio]. The PowerShares [Commodity Rotation] Portfolio is an actively managed exchange traded fund.
view filing
Source: SEC.gov
PowerShares files with the SEC
January 13, 2012--PoweShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares [Equity Allocation] Portfolio. The PowerShares [Equity Allocation] Portfolio is an actively managed exchange traded fund.
view filing
Source: SEC.gov
CFTC Commitments of Traders Reports Update
January 13, 2012--The current reports for the week of January 10, 2012 are now available.
view updates
Source: CFTC.gov
Invesco PowerShares Expands Low Volatility Family of ETFs
January 13, 2012--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that trading has begun on NYSE Arca for two new PowerShares ETFs that provide investors with access to low volatility strategies covering emerging and developed markets. The portfolio names and ticker symbols are as follows.
PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV)
PowerShares S&P International Developed Low Volatility Portfolio (IDLV)
Following the successful launch of the PowerShares S&P 500® Low Volatility Portfolio (SPLV), which has attracted the highest monthly inflows of all ETFs listed in 2011 and over $1 billion in AUM, the two new ETFs expand PowerShares' suite of low volatility strategies to include key market segments outside of the United States providing investors with further diversification opportunities. The three ETFs are designed to work synergistically to optimize investors' global low volatility exposures and reduce overall portfolio risk.
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Source: Invesco PowerShares Capital Management LLC
AdvisorShares Launches Rockledge SectorSAM ETF (SSAM)
January 13, 2012--Choppy markets and an uncertain outlook have pushed many investors to seek more active methods in their investing strategies. While the majority of the investors playing these trends stay in the mutual fund space, a number of them have begun to cross over into the ETF world, and for good reason. Active ETFs offer investors the same watchful eye of a manager but can often do so at a much cheaper cost.
Furthermore, ETFs offer investors the chance to see what the holdings are in their fund on a daily basis and to sell and buy shares throughout a trading session, increasing flexibility and transparency. Thanks to these advantages, assets in the active ETF space are slowly marching higher while a number of issuers continue to add more choices in this increasingly diverse space (also read HDGE: The Active Bear ETF Under The Microscope).
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Source: Zacks.com
Invesco PowerShares Expands Low Volatility Family of ETFs
PowerShares S&P 500(R) Low Volatility Portfolio (SPLV) Surpasses $1 Billion in AUM
January 13, 2012--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that trading has begun on NYSE Arca for two new PowerShares ETFs that provide investors with access to low volatility strategies covering emerging and developed markets.
The portfolio names and ticker symbols are as follows.
PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV)
PowerShares S&P International Developed Low Volatility Portfolio (IDLV)
Following the successful launch of the PowerShares S&P 500® Low Volatility Portfolio (SPLV), which has attracted the highest monthly inflows of all ETFs listed in 2011 and over $1 billion in AUM, the two new ETFs expand PowerShares' suite of low volatility strategies to include key market segments outside of the United States providing investors with further diversification opportunities. The three ETFs are designed to work synergistically to optimize investors' global low volatility exposures and reduce overall portfolio risk.
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Source: Invesco PowerShares
Standard & Poor's Announces Quarterly Review Of S&P/TSX Preferred Share Index And The S&P/TSX Venture Select Index
December 13, 2012--Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews.
These changes will be effective at the open on Monday, January 23, 2012:
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Source: Mondovisione
