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China infrastructure ETF launched

Emerging Global Shares is launching a new ETF. Capitalizing on China’s strength in prospering during the economic downturn, the new exchange-traded fund will spotlight the country’s infrastructure development by investing in 30 public companies that deal with metals, construction and real estate management. The China Infrastructure Index ETF (CHXX) charges a net expense ratio of […]

By Staff |February 18, 2010

1 min read

New ETF to focus on Egypt

Van Eck Global is opening the doors to Egypt with the launch of Market Vectors Egypt Index ETF (EGPT). The fund is the first U.S.-based ETF to provide focused exposure to Egypt’s economy. Egypt’s economic growth has averaged 4.9% since the start of the last decade and 6.3% for the three years ending December 31, […]

By Staff |February 18, 2010

1 min read

Atkinson wins award

Howard Atkinson, the president of Horizons Exchange Traded Funds (Horizons ETFs), has been awarded the Top Educator award (Le Mérite du représentant pedagogue) at the organization’s 10th anniversary gala in Montreal. The award recognizes Atkinson for his work as an author and educator in financial literacy by ACTIF, Quebec’s premier financial education co-operative. “Education is […]

By Staff |February 17, 2010

1 min read

The beauty of ETFs

Exchange-traded funds (ETFs) are less expensive than mutual funds by a wide margin. Embedded mutual fund distribution costs – paid to financial advisors for selling them – are most of the difference. Claymore is the only ETF sponsor in Canada paying advisors from a separate ETF series that is 0.50% to 0.75% more expensive. While […]

February 16, 2010

3 min read

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