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Published: April 7, 2010
In last month's
ETF Authority newsletter, I shared the news with readers
that more than 60 new exchange-traded funds (ETFs)
launched during the past three months. That means issuers are
pumping out nearly one new fund every trading day.
As you can see from the table below, a number of intriguing new
options continue to hit the market.
On the whole, the ETF industry continues to
thrive. According to Morningstar, industry assets stood at $747
billion at the end of January -- a healthy +49.2% increase over
the same period last year.
As always, be sure to do your homework
before considering any new ETF. That's particularly true for
highly volatile leveraged funds, like the Direxion Daily
2-Year Treasury Bull 3X Shares ETF (Nasdaq: TWOL). As
I've warned readers before, these funds can be volatile and
don't always deliver the results you might expect. That being
said, ETF investors have more tools at their fingertips now than
ever before.
Many promising developments are waiting in the pipeline: Legg
Mason is seeking SEC approval for actively-managed funds, while
Wisdom Tree is working on a fund designed to capture the upside
potential of commodity-based currencies like the Australian
dollar and the South African rand.
I'll be following these developments in the weeks and months
ahead along with other ETF-related news. (Of course, to be fair,
I'll share the news with my ETF Authority subscribers
first.)
Now is an exciting time to be an ETF investor. If you're new to
these extraordinary investment vehicles, I invite you to learn
more by
clicking here. You'll receive my
free ETF course, which covers the basics and gives all the
necessary tools to get started.
-- Nathan Slaughter
Editor
StreetAuthority Market Advisor
P.S. In a recent ETF Authority issue, I shared my
thoughts on the newest member of the Market Vectors ETF lineup,
the first ever exchange-traded fund focusing on Egypt. To read
my analysis, and get access to all three of my portfolios
(almost all of the picks are 'in the black'),
simply go here. |
