Products

Tracking ETF error

The 1 kg of stewing beef I bought ended up tasting like pork. When confronted, the butcher retorted “Well buddy, it’s meat isn’t it?” Most consumers would be incensed at this response, but for some reason, investors are far more tolerant. It may be that mutual funds have dulled our expectations by underperforming their benchmarks […]

By Mark Yamada |April 13, 2010

4 min read

ETF changes at BMO

BMO Financial Group has licensed indexes for three of its ETFs. China Equity Hedged to CAD ETF (ZCH) and the BMO India Equity Hedged to CAD ETF (ZID) will be licensing indices from The Bank of New York Mellon. ZCH will be benchmarked to the BNY Mellon China Select ADR Index CAD. ZID will be […]

By John Powell |March 25, 2010

2 min read

Hedge funds are evil

You heard me. Hedge funds are evil. Don’t believe me. How about these sources… “We cannot forget how in 1997-98 American hedge funds destroyed the economies of poor countries by manipulating their national currencies.” – Dr. Mahathir Bin Mohamad, the former Prime Minister of Malaysia commenting during the 1997-1998 emerging market crisis. “The US Securities […]

By Claude Bovet |March 24, 2010

6 min read

IndexIQ introduces Canadian, Aussie ETFs

IndexIQ is putting the spotlight on both Canada and Australia. The company has launched single-country small cap Exchange-Traded Funds (ETFs) focusing on the domestic markets in both Canada and Australia. The New York -based developer of index-based investment products is aiming to make the IQ Canada Small Cap ETF (NYSE Arca: CNDA) and the IQ […]

By John Powell |March 24, 2010

2 min read