First Trust Launches Global Equity ETF; Van Eck Debuts China A-Shares ETF
24 Juillet 2014 - 1:00PM
ETFDB
As earnings season unfolds, markets continue to flirt with
all-time highs. Despite skeptics looking for any reason to sell,
the bull market has continued as benchmarks inch their way higher.
Though most eyes have been fixated on the reports of some of the
largest companies in the world, two new ETFs made their debut this
week, which investors should take a minute to study [for more
ETF news and analysis subscribe to our free ETF Daily
Roundup].
First Trust Launches Fund-of-Funds
First Trust debuted the Dorsey Wright International Focus 5
ETF (IFV) yesterday, which puts a unique spin on international
investing. The fund will track an index that uses a unique
methodology to choose from five of First Trust’s existing
country/region-based ETFs. IFV will rotate exposure based on the
strength of outlook provided by their methodology, rolling in and
out of their own ETFs.
Note that the firm launched the Dorsey Wright Focus 5 ETF (FV)
earlier this year, which employs a similar strategy but only for
funds with U.S. exposure.
Van Eck Rolls Out China A-Shares ETF
China A-shares have become an increasing popular investing theme
over the last few years, as a number of issuers have hopped in on
the trend. Van Eck released the Market Vectors ChinaAMC SME-ChiNext
ETF (CNXT) this morning, which will look to follow the SME-ChiNext
100 Index, and invests in small and mid cap companies on the
Shenzhen Stock Exchange.
Follow me on Twitter @JaredCummans.
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Disclosure: No positions at time of writing.
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