ETF Preview: ETFs, Futures Flat to Higher; April New Home Sales Still Ahead – NASDAQ.com
The highlight of the dozen coming off the list is that only one was due to closure and delisting. Ten products were added to the list, but twelve were removed. The highlight of the dozen coming off the list is that only one was due to closure and delisting. The new count stands at 297, of which 202 are ETFs and 95 are ETNs. The dominant theme for May additions seems to be international funds. Of the ten products added to ETF Deathwatch, six have an international flavor.
YYY may have satisfied the needs in these sectors better, but PCEF is a solid addition. As far as its bond holdings are concerned, over one-third are government bonds, and more than one-fourth are corporate. Approximately 60% of its bonds earn between 4.00% and 8.00%; two-thirds have ten or fewer years to maturity. Bonds constitute approximately 66% of what should a etf portfolio be made of PCEF’s portfolio, which is a significant increase over AOM.8 And, not to be outdone, PCEF also includes CEFs that utilize short strategies, just as YYY does. Effects of the Adjustment One of the more pleasant effects of adding PCEF in place of AOM is the change in the portfolio yield. With AOM, the yield for the portfolio as a whole was ~ 4.04%; with PCEF the yield increases to 5.19%.
ETF – ETF Details
As far as sector holdings are concerned, it relies heavily on Financials, followed by Consumer Staples, Healthcare, Industrials and Energy, each with double-digit exposure. All these sectors combined account for more than half of the fund assets. As far as geographic reach goes, the fund allocates more towards stronger economies like the U.K. (26.93%), France (15.31%), Switzerland (14.26%) and Germany (13.13%) (read: Time to Bet on the British ETF? ).
Adjusting The ETF Retirement Portfolio – PowerShares CEF Income Composite Portfolio ETF (NYSEARCA:PCEF) | Seeking Alpha
Proceeds will be used to pay debt and for general corporate purposes. Commodities Crude was up 0.21%; natural gas was up 0.21%. United States Oil Fund (USO) was up 0.42% while United States Natural Gas Fund (UNG) was down 0.67%. Gold was down 0.29% and silver was up 2%. In corporate news, PTC Therapeutics (PTCT) surged 141.51% after the company said the European Medicines Agency’s Committee for Medicinal Products for Human Use adopted a positive opinion on its marketing approva application for Translarna to treat Duchenne muscular dystrophy in ambulatory patients aged five years and older.
The iShares S&P Europe 350 Index (ETF) In Focus (NYSEARCA:IEV) | ETF DAILY NEWS – Part 2
As at 15 April 2013, the following five CSI Sector Indices account for 75.16% of the CSI 300 Index as follows: (i) CSI 300 Energy Index 6.40%; (ii) CSI 300 Materials Index 10.82%; (iii) CSI 300 Financials Index 41.47%; (iv) CSI 300 Consumer Discretionary Index 9.09%; and (v) CSI 300 Consumer Staples Index 7.39%. Under the terms of the CAAPs, CAAP Issuers will provide the CSI 300 ETF with an exposure to the economic gain/loss in the performance of the A-share(s) and/or the Underlying Index net of fees and charges. Further, where collateral is taken in the nature of equity securities, the market value of the equity collateral should represent at least 120% of the related gross counterparty exposure. Where non-equity collateral is taken, a prudent haircut policy shall be adopted.