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Related Posts:State Street, iShares, UBS, Credit Suisse Launch ETFs
June 12, 2014 at 10:10 AM EDT
As investors took a breather after a string of records on Wall Street, ETF issuers have been quite busy this month. Last week, State Street debuted four foreign equity ETFs, while iShares launched three style funds. This week, investors once again saw a slew of launches – 13 in total. Credit Suisse, UBS, iShares and State Street all added to their lineup [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. UBS: An MLP First & “Enhanced” ETN On June 10, UBS debuted its ETRACS Wells Fargo MLP Ex-Energy ETN (FMLP), the first fund to offer investors exposure to master limited partnerships outside the energy industry. Tracking the Wells Fargo MLP Ex-Energy Index, the fund invests in publicly traded companies such as KKR, Blackstone, Lazard and Icahn Enterprises, all of which are in the finance and investment banking industries. The fund charges a 0.85% expense ratio, accrued on a daily basis. UBS also added the UBS AG FI […] Click here to read the original article on ETFdb.com. Related Posts: AdvisorShares Planning Two Funds-Of-Funds
As investors took a breather after a string of records on Wall Street, ETF issuers have been quite busy this month. Last week, State Street debuted four foreign equity ETFs, while iShares launched three style funds. This week, investors once again saw a slew of launches – 13 in total. Credit Suisse, UBS, iShares and State Street all added to their lineup [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. UBS: An MLP First & “Enhanced” ETN On June 10, UBS debuted its ETRACS Wells Fargo MLP Ex-Energy ETN (FMLP), the first fund to offer investors exposure to master limited partnerships outside the energy industry. Tracking the Wells Fargo MLP Ex-Energy Index, the fund invests in publicly traded companies such as KKR, Blackstone, Lazard and Icahn Enterprises, all of which are in the finance and investment banking industries. The fund charges a 0.85% expense ratio, accrued on a daily basis. UBS also added the UBS AG FI […]
