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First ETF Launched on Chicago Board Options Exchange

5,181
by IndexFunds.com Staff
Tuesday, October 31, 2000

The newly-created iShares S&P 100 Index Fund began trading on the Chicago Board Options Exchange (CBOE) on 10/27/2000. The exchange-traded fund (ETF) will be managed by Barclays Global Investors (BGI) and will trade under the CBOE symbol OEF. The iShares ...Read More

Article Library

  • New ETF to be Launched in Japan

    4,806
    by IndexFunds.com Staff — Thursday, October 26, 2000

    The Osaka Securities Exchange (OSE) today inked a license agreement and memorandum of understanding with Dow Jones. The agreement covers the listing of an exchange-traded fund (ETF) based on the Dow Jones Industrial Average. Additionally, the arrangement ...Read More

  • John Spence

    Salomon Releases ETF Premium/Discount Study

    5,119
    by John Spence — Monday, October 23, 2000

    Last Wednesday, 10/18/2000, the Salomon Smith Barney Closed-End Funds Research Group released a supplement to its larger quarterly report, "Fundamentals for Exchange-Traded Funds." As part of the supplement, Salomon analysts conducted a premium/discount ...Read More

  • John Spence

    Vanguard Releases Expense Ratios for Admiral Shares

    5,280
    by John Spence — Friday, October 20, 2000

    On Tuesday, 10/17/2000, the Vanguard Group announced the expense ratios for its new class of Admiral Shares to be released in November. Initially, Vanguard will offer Admiral Shares on seven of its domestic index funds, and has plans to offer Admiral ...Read More

  • Frequently Asked Questions about ETFs

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    by IndexFunds.com Staff — Thursday, October 19, 2000

    What is an ETF? What are the benefits of using ETFs? Are there any negatives? How can I buy and sell ETFs? How are ETFs created and redeemed? What ETFs are available on the market? How can I use ETFs in managing my portfolio? How much money is in ETFs and ...Read More

  • State Street to Launch European ETFs Based on MSCI Indexes

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    by IndexFunds.com Staff — Thursday, October 19, 2000

    Today, State Street Global Advisors (SSgA) announced that it has entered into a license agreement with MSCI to launch exchange-traded funds (ETFs) in Europe based on MSCI indexes. The announcement is the latest move by an asset manager to release ETFs in ...Read More

  • Jim Wiandt

    J. Parsons Interview

    5,864
    by Jim Wiandt — Thursday, October 19, 2000

    J. Parsons, Director of Sales for U.S. Individual Investor Business at Barclays Global Investors, talks to Jim Wiandt about how exchange-traded funds are ...Read More

  • Nuveen to Enter ETF Market

    5,405
    by IndexFunds.com Staff — Wednesday, October 18, 2000

    On Monday, 10/16/2000, Nuveen Investments announced its plans to launch the first in a series of new exchange-traded funds (ETFs). ...Read More

  • State Street to Launch First ETF in Singapore

    5,587
    by IndexFunds.com Staff — Wednesday, October 18, 2000

    Today, the Singapore Exchange (SGX) announced that it intends to sign a memorandum of understanding with State Street Global Advisors (SSgA) to develop Singapore's first indigenous exchange-traded fund (ETF). According to SGX, the new ETF will list and ...Read More

  • Betting on Sector ETFs in a Highly-Valued Market

    5,558
    by Max Issacman — Monday, October 16, 2000

    As one who sold stocks to investors in the early 1970s, I realize how misleading price/earnings multiples (P/E) can be. Although these multiples have their limitations, P/Es can be useful when making valuations. Still, other valuations should be used in ...Read More

  • John Spence

    Peter Breen Interview

    5,516
    by John Spence — Sunday, October 15, 2000

    A relatively new start-up is stepping up against the established names in online investing: E*Trade, Ameritrade, Fidelity, and DLJdirect to name a few. BUYandHOLD.com is targeting the growing ranks of online investors - young couples investing for ...Read More

  • AMEX to Begin Trading Options on iShares

    5,083
    by IndexFunds.com Staff — Friday, October 13, 2000

    Today, AMEX announced that it will begin trading options on the iShares Russell 1000 Index Fund, an exchange-traded fund (ETF) managed by Barclays Global Investors (BGI). The announcement hails the first time an option will be traded on an ETF that tracks ...Read More

  • Barclays to Launch UK-based Technology ETF

    4,942
    by IndexFunds.com Staff — Thursday, October 12, 2000

    iShares, a division of Barclays Global Investors (BGI), today announced the launch of a UK-based exchange-traded fund (ETF) called the iFTSE TMT. The new iShares ETF will begin trading on the London Stock Exchange within the extraMARK on Tuesday, ...Read More

  • John Spence

    State Street Launches ETFs Based on Fortune Indexes

    5,868
    by John Spence — Wednesday, October 11, 2000

    Yesterday, State Street Global Advisors (SSgA) launched two exchange-traded funds (ETFs) based on the FORTUNE 500 and FORTUNE e-50 Indexes. The two funds began trading yesterday on the American Stock Exchange (AMEX) under the ticker symbols FFF (500) and ...Read More

  • Will McClatchy

    Study: U.S. Investors Waste $36 Billion on Wall St. Fees

    5,732
    by Will McClatchy — Tuesday, October 10, 2000

    In 2000, mutual fund investors overpaid Wall Street $36 billion to manage stocks, bonds, and real estate totaling $3.7 trillion. Nearly 1% per year of assets were wasted in unnecessary fees, according to IndexFunds' comprehensive new survey of mutual fund ...Read More

  • TD Waterhouse Releases 5 New Index Funds

    6,498
    by IndexFunds.com Staff — Thursday, October 5, 2000

    Yesterday, TD Waterhouse Group announced the addition of seven house-brand no-load mutual funds to its list of mutual funds. The new funds will be available only through TD Waterhouse and require a minimum initial investment of $1,000. Five of the seven ...Read More

  • The Information in the Term Structure: An Update

    4,544
    by James Davis — Sunday, October 1, 2000

    Panel A of Table 4 shows that the variable maturity portfolio earns higher average returns than any of the fixed maturity portfolios. This holds for the entire 1965-1999 period as well as the two subperiods. The average return difference for the 1965-1999 ...Read More

  • John Spence

    State Street to Launch First Global ETF

    5,491
    by John Spence — Thursday, September 28, 2000

    Ending Barclays short-lived hegemony in style-based exchange-traded funds (ETFs) and launching the first global ETF, State Street Global Advisors announced the opening of 7 new funds. Continuing its surge into the ETF market, State Street was scheduled to ...Read More

  • Jim Wiandt

    Gus Fleites Interview

    5,586
    by Jim Wiandt — Tuesday, September 26, 2000

    Gus Fleites is a Principal of State Street Global Advisors (SSgA). He is responsible for the development and implementation of exchange-traded funds (ETFs) and offshore investment products. At the 2nd Annual Exchange-Traded Fund & Index Share Forum, Gus ...Read More

  • Jim Wiandt

    Lee Kranefuss Interview

    5,715
    by Jim Wiandt — Monday, September 25, 2000

    Lee Kranefuss, CEO of U.S. Individual Investor Business at Barclays Global Investors, recently sat down with IndexFunds.com's Jim Wiandt to discuss the proliferation of iShares and the future of exchange-traded funds ...Read More

  • Jim Wiandt

    Harrowing Tale of a Plunging Euro and Soaring Oil Prices

    4,887
    by Jim Wiandt — Friday, September 22, 2000

    Fueled by soft European economic performance, soaring oil prices, and uncertainty about its prospects as a currency, the euro has slumped to all-time lows. Initially viewed as an embarrassment to euro diehards, the exchange rate is now causing genuine ...Read More

  • Barclays to Introduce Tech-Heavy ETF in U.K.

    4,878
    by IndexFunds.com Staff — Friday, September 22, 2000

    Barclays Global Investors (BGI) announced that it plans to launch a new iShares exchange-traded fund (ETF) similar to U.S. "cubes" (QQQ) in the U.K. John Demaine, Managing Director for Product Development, said BGI has plans "to launch an iShare with a ...Read More

  • John Spence

    Swiss Exchange to Launch New ETFs

    5,587
    by John Spence — Tuesday, September 19, 2000

    Whew! Working the ETF beat hasn't been easy this past week. Recently my inbox has been full of messages from our editorial staff asking me if I've heard about the latest European exchange to embrace exchange-traded funds (ETFs). State Street Global ...Read More

  • State Street's German arm to Launch ETFs

    5,571
    by IndexFunds.com Staff — Friday, September 15, 2000

    In an interview that was published today on Handelsblatt.com, a Germany-based financial news Web site, the head of State Street's German arm announced that State Street Global Advisors (SSgA) plans to launch nine exchange-traded funds (ETFs) based on ...Read More

  • Proposed Law to Defer Capital Gains on Funds

    5,569
    by Jim Novakoff — Thursday, September 14, 2000

    Representative Jim Saxton, a New Jersey Republican and Chairman of the Congressional Joint Economic Committee, has introduced significant legislation addressing the taxation of mutual funds. The proposed law, if enacted, would change the tax rules for ...Read More

  • State Street to Launch New Australian ETFs

    5,286
    by IndexFunds.com Staff — Wednesday, September 13, 2000

    The Australian Stock Exchange (ASX) and State Street Global Advisors (SSgA), the investment management arm of Boston-based State Street Corporation, today announced that they have signed an agreement to develop the first exchange-traded funds (ETFs) ...Read More

  • Indexing on the Global Stage

    5,306
    by Aviya Kushner — Thursday, September 7, 2000

    Looking for a way to get international exposure without too much risk of getting burned? Though there's no absolutely foolproof investment strategy, some of the biggest names in investing are turning to international index funds. In 1999, according to ...Read More

  • John Spence

    Whatifi.com Zeroes in on Savvy Young Online Investors

    4,925
    by John Spence — Wednesday, September 6, 2000

    San Francisco-based whatifi.com is urging younger investors to ask themselves, "What if I. . . ?" The new investment site has partnered with Barclays Global Fund Advisors to offer five index funds with an initial minimum investment as low as $100 a ...Read More

  • Jim Wiandt

    From our Bureau of Panic Peddling

    5,525
    by Jim Wiandt — Friday, September 1, 2000

    So what happens when the extravagantly back-tested research of two eminent economists strongly suggests that equity returns are in for a long hard road going forward? Should we stay the course, panic and sell, or stock up on canned food and bottled ...Read More

  • Gus U. Sauter Interview

    5,683
    by Gus Sauter — Friday, September 1, 2000

    George U. Sauter, managing director of the Vanguard Core Management group, recently sat down with the indexfunds.com staff to discuss a number of topics - the current performance of Janus Funds, the placement of record cash inflows into the market, ...Read More

  • John Spence

    Bogle Speaks Out on Social Security

    5,418
    by John Spence — Thursday, August 31, 2000

    Unfortunately, John Bogle isn't on the ticket for the upcoming 2000 presidential elections, but he would certainly get our vote if he was in the running. Oh well, there's always 2004. ...Read More

  • Stock Basket Services Make the Picking Cheap

    5,186
    by Sharon Rockey — Wednesday, August 30, 2000

    For better or worse, the allure and immediacy of Internet technology has granted investors new freedom and more choices for managing their money. Quick and easy online stock trading has become increasingly popular, and as the ranks of "click-and-buy" ...Read More

  • Bogus Press Release Causes Emulex Stock Plunge

    5,646
    by IndexFunds.com Staff — Monday, August 28, 2000

    In one of the most dramatic hoaxes in stock market history, a bogus press release caused the market value of networking technology provider Emulex to temporarily lose $2 billion on Friday. ...Read More

  • John Spence

    ETF Update and Complete Listing

    6,533
    by John Spence — Thursday, August 24, 2000

    Exchange-traded funds (ETFs) have continued their meteoric rise in popularity, with total assets in ETF securities exceeding $47 billion for the week ending 8/18/00, excluding Merrill Lynch's HOLDRs (Source: Wiesenberger). ...Read More

  • Signs of Life in the Internet Sector

    4,965
    by Maureen Burke — Wednesday, August 23, 2000

    Crash and burn, baby! Who will soon forget that memorable moment of self-immolation for the Nasdaq last Spring? The incineration throughout the trading day of April 4 was proof that for every action, there is an equal and opposite reaction - the Nasdaq ...Read More

  • John Spence

    Bridgeway Social Fund to Join with Calvert

    4,954
    by John Spence — Tuesday, August 22, 2000

    Calvert Group and Bridgeway Capital Management today announced a deal to request shareholder approval for a merger of the Bridgewater Social Responsibility Portfolio into the Calvert Large Cap Growth Fund. According to the terms of the agreement, Calvert ...Read More

  • Janus Funds Decline Sparks Debate

    5,265
    by Adrienne Pauly — Thursday, August 17, 2000

    Falling stars, whether celestial or financial, draw intense interest from observers who react variously to them. The recent disappointment of the Janus Funds after years of stellar performance has produced a strong response within the financial community ...Read More

  • Larry Swedroe

    Too Many Cooks in The Kitchen

    5,508
    by Larry Swedroe — Monday, August 14, 2000

    Brad Barber and Terrance Odean of the Graduate School of Management, University of California at Davis, have done a series of studies on investor behavior and performance. The following summary discusses some of their studies and their main findings. Individual investors on ...Read More

  • Jim Wiandt

    Slice and Dice Primer

    7,145
    by Jim Wiandt — Thursday, August 10, 2000

    I thought it might be instructive to post part of my reply to him here so that newcomers to the debate have a better idea of what we're talking ...Read More

  • Asset Allocation Is Not Dead

    5,049
    by Julia Curbo — Friday, August 4, 2000

    A February article in the Wall Street Journal discussed the end of asset allocation. In the interim, of course, many undiversified investors have gotten a rude awakening. ...Read More

  • Larry Swedroe

    How You Interpret the Data Makes All the Difference

    5,214
    by Larry Swedroe — Thursday, August 3, 2000

    Business Week is a highly regarded publication. Unfortunately, while its reporting of the business news is excellent, the value of its investment advice is often wrongheaded. The reason is that their objective is to sell magazines and gain advertising ...Read More

  • Factor Rotation: Size, Value and Market Correlation

    6,189
    by William Bernstein — Wednesday, August 2, 2000

    Of all of the tidbits of financial pornography bandied about in the media by market analysts, none is more hackneyed than "rotation": "Well Lou, I think what we saw this week was a rotation out of the cucumber sector and into bagels." This is a fatuous ...Read More

  • Will McClatchy

    Hidden Trading Costs ETF Investors Should Know About

    5,678
    by Will McClatchy — Monday, July 31, 2000

    How does a small investor know he is getting the best price when he buys or sells an exchange-traded fund (ETF)? The truth is that brokers may quite legally complete a trade at less-than-optimal prices and pocket the difference, and the investor may never ...Read More