February 01, 2013 at 07:00 AM EST
iShares Files For Target Maturity ETFs, EG Shares Plans Active Fund
Bullish momentum on Wall Street took a back seat this week as domestic economic uncertainty came to the forefront once again. The Federal Reserve indicated that economic activity has “paused in recent months,” and therefore it will continue its massive bond-buying program. To add insult to injury, U.S. GDP came in unexpectedly at an anemic 0.1% decline, further hammering down investor confidence. As many scrambled to their favorite safe haven investments, Credit Suisse’s launch of their new Gold Shares Covered Call ETN (GLDI) was perhaps timed perfectly. Meanwhile, issuers continue to fill the product pipeline, trying to meet the demands of investors looking for more lucrative opportunities. First Trust, iShares and Emerging Global were among the issuers filing proposals with the SEC this week [see ETF Database Launch Center]. Industry veteran iShares has filed for yet another equity ETF linked to an MSCI benchmark, along with a suite of maturing corporate bond funds: iShares MSCI USA Momentum [...] Click here to read the original article on ETFdb.com. Related Posts: GLDI: Where Gold And Dividends Meet iShares Plans Risk And Value MSCI ETFs, Credit Suisse Files For Covered-Call Gold ETN
Bullish momentum on Wall Street took a back seat this week as domestic economic uncertainty came to the forefront once again. The Federal Reserve indicated that economic activity has “paused in recent months,” and therefore it will continue its massive bond-buying program. To add insult to injury, U.S. GDP came in unexpectedly at an anemic 0.1% decline, further hammering down investor confidence. As many scrambled to their favorite safe haven investments, Credit Suisse’s launch of their new Gold Shares Covered Call ETN (GLDI) was perhaps timed perfectly. Meanwhile, issuers continue to fill the product pipeline, trying to meet the demands of investors looking for more lucrative opportunities. First Trust, iShares and Emerging Global were among the issuers filing proposals with the SEC this week [see ETF Database Launch Center].  Industry veteran iShares has filed for yet another equity ETF linked to an MSCI benchmark, along with a suite of maturing corporate bond funds: iShares MSCI USA Momentum [...]

Click here to read the original article on ETFdb.com.

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