New fund joins MOAT in providing exposure to Morningstar’s research
on companies with sustainable competitive advantages: “moats”
NEW YORK (July 14, 2015) – Van Eck Global has launched theMarket Vectors Morningstar International Moat ETF (NYSE Arca: MOTI), a new exchange-traded fund that leverages research from Morningstar to provide exposure to companies outside the United States with competitive advantages and attractive valuations.
MOTI joins Market Vectors Morningstar Wide Moat ETF (NYSE Arca: MOAT) in Van Eck’s line-up of strategic equity ETFs. MOAT has gathered approximately $870 million in assets since its launch in April 2012.
MOTI seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global ex-US Moat Focus IndexSM (ticker: MGEUMFUN). The index targets a select group of companies in developed and emerging markets outside the United States that Morningstar equity analysts believe have long-term sustainable competitive advantages and are attractively priced at each quarterly rebalance. The index contains 50 stocks weighted equally each quarter.
“MOAT resonated with investors and with much of the world’s investable opportunities outside the United States, we’re launching MOTI as a means to capture moat-based opportunities abroad,” said Brandon Rakszawski, product manager at Van Eck Global. “Morningstar is a leader in equity research and we look forward to offering investors the ability to access its analysts’ best ideas through an investible ETF.”
Van Eck notes that an investment in MOTI is not without risks, which may include, among others, fluctuations in value due to market and economic factors relating to specific issuers. Foreign and emerging markets investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, changes in currency exchange rates, unstable governments, and limited trading capacity.
MOTI has a gross expense ratio of 0.64% and a net expense ratio of 0.56%, which is capped contractually until February 1, 2017. MOTI joins Van Eck Global’s family of strategic equity ETFs, including Market Vectors Morningstar Wide Moat ETF (MOAT) and the recently launched Market Vectors Global Spin-Off ETF (NYSE Arca: SPUN).
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About Van Eck Global
Founded in 1955, Van Eck Global was among the first U.S. money managers to help investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative investment choices in specialized asset classes such as hard assets, emerging markets, and precious metals including gold. Van Eck offers a broad array of Market Vectors ETFs spanning broad-based and specialized asset classes, and is one of the largest providers of ETPs in the U.S and worldwide. The Firm has offices around the world and managed approximately $31.1 billion in investor assets as of June 30, 2015.Read more
-- New ETF combines multiple strategies for comprehensive alternative income solution --
NEW YORK – July 14, 2015 – Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today launched the Global X SuperDividend®Alternatives ETF (Nasdaq: ALTY). ALTY is the sixth ETF in Global X’s billion-dollar1 suite of SuperDividend® funds and seeks to invest in potentially high income generating alternative investments.
The fund’s holdings are publicly traded alternatives, which fall in the following categories:
MLPs and infrastructure companies;
Fixed income & derivative strategies.
The index methodology selects among the highest dividend yielding securities in each eligible alternative category. The strategy seeks to reduce volatility by screening for lower volatility components and assigning greater weights to historically less volatile categories.
“The alternatives space encompasses a broad range of investments with risks, returns and correlations that differ from traditional equity and fixed income securities”, said Jay Jacobs, research analyst at Global X Funds.
“Investors are increasingly looking for alternative solutions that can potentially generate high income while diversifying their portfolios. Applying the SuperDividend® approach to the alternative income space is a natural extension of our suite.”
 Total assets under management as of 6/30/2015Read more
Investors in the broad U.S. equity market feeling uneasy or anticipating a correction may buy put options on the S&P 500 for protection. If the timing is right this “insurance” can be valuable. However, more often than not, we see the cost of this insurance, buying these puts, reduces returns. A better way to provide downside protection while also providing upside potential returns is by selling cash collateralized puts on the S&P500. This is exactly the strategy of the recently launched ALPS Enhanced Put Write Strategy ETF (ticker PUTX).
PUTX was spearheaded and developed by Rich Investment Solutions, which is a sub-adviser to the new fund. Kevin Rich, founder and CEO of Rich Investment Solutions, came from Deutsche Bank where he created and launched the commodity and currency-based ETFs PowerShares DB Commodity Index Tracking Fund DBC, PowerShares DB Agriculture Fund DBA , PowerShares DB US Dollar Index Bullish Fund UUP, and PowerShares DB US Dollar Index Bearish Fund UDN, among others. In 2013 ALPS and Rich launched the first put writing ETF called the ALPS U.S. Equity High Volatility Put Write Index Fund (ticker HVPW).
For many years CBOE has published two benchmark indices on at-the-money monthly put and call writing: the CBOE S&P 500 PutWrite Index (PUT), and the CBOE S&P 500 BuyWrite Index (BXM). There have been ETFs in the market tracking BXM for some time but not on PUT. As PUT has shown historically superior returns compared to BXM, there is recent renewed interest and new products coming to market offering investors access via ETFs.
With that in mind, we asked Kevin Rich a few questions about their new fund they just launched with ALPS.
Dave Fry: Good to talk with you again Rich, can you please tell us a about PUTX?
Kevin Rich: Thanks. PUTX is the first broad based put write strategy ETF. PUTX will sell one month at-the-money put options on the S&P 500 every month, or twelve times a year. It’s designed for investors looking for a defensive investment in the in the S&P 500. Selling monthly, at-the-money puts on the S&P500 has historically generated 18% - 21% option premium per year. While this premium represents close to the maximum upside return of the PUTX strategy, it represents the possible downside protection over the course of a year in a declining market.Read more
Chicago, Ill. (June 25, 2015) — Hull Tactical Asset Allocation, LLC (“HTAA”), announces the launch of the Hull Tactical US ETF (“HTUS”), an actively managed exchange traded fund (“ETF”) designed by industry veteran Blair Hull. The ETF is designed to deliver hedge fund-type management and trading tactics to a broad investor audience.
Working in partnership with Exchange Traded Concepts, LLC, the white-label ETF issuer platform, the team at HTAA believes that the Hull Tactical US ETF will be attractive as the market for institutional-quality equity products continues to grow.
HTUS is constructed to perform under all market conditions, with an investment objective of long-term capital appreciation, guided by the firm’s proprietary, patent-pending, quantitative trading model. The model selects indicators that HTAA believes can best forecast the next six months of return of the S&P 500. It takes long or short positions in ETFs, leveraged ETFs or other securities that seek to track the performance of the S&P 500 based on the model with the remaining assets in the portfolio being held in cash.
“Investing in the S&P 500 can be an uncertain game, but a disciplined and systematic approach can help you to outperform on a risk-adjusted basis,” says Blair Hull, Founder of Hull Tactical Asset Allocation. “Our aim is to help investors avoid another 2008 in their portfolios, with a strategy not available in ETF form until now. We want to provide investors access to hedge fund-like investing. Investors need a strategy to gain lower volatility exposure to the equity market, especially in today’s volatile environment, and we believe HTUS delivers just that.”
Based on trading models that are proprietary to HTAA, HTUS is a new and differentiated product. As an alternative ETF strategy, HTUS is expected to be seen as a complement to an
BETHESDA, Md. – June 25, 2015 – ProShares, a premier provider of alternative ETFs, today announced the launch of two currency hedged equity ETFs: ProShares Hedged FTSE Europe ETF (HGEU) and ProShares Hedged FTSE Japan ETF (HGJP). Both are listed on NYSE Arca.
“Investors have poured billions of dollars into currency hedged ETFs to gain exposure to foreign equities while being hedged against local currency risk,” said Michael L. Sapir, cofounder and CEO of ProShare Advisors LLC, the advisor to ProShares. “With this launch today, investors who desire the benefits of currency hedged ETFs now have the option of obtaining them at a substantially lower cost than similar ETFs in the market.”
Investors had more than $47 billion in assets invested in currency hedged ETFs as of March 31, 2015. The asset-weighted average expense ratio for currency hedged European equity ETFs was 0.56% and for currency hedged Japanese ETFs was 0.47%. Expense ratios for HGEU and HGJP are 0.27% and 0.23%, respectively.
"With the strong demand for products that include built-in hedges, we are pleased to work with ProShares to offer the first currency hedged versions of our popular Europe and Japan equity indexes for U.S.-listed ETFs,” said Ron Bundy, CEO North America benchmarks for FTSE Russell.
About the Indexes
HGEU is designed to match the performance of the FTSE Developed Europe 100% Hedged to USD Index, a free-float-adjusted and market-cap-weighted index comprising large- and mid-cap European stocks. The index hedges against fluctuations between the value of the U.S. dollar and the currencies in which the stocks are denominated. Currencies represented include the euro, Swiss franc, British pound, Danish krone, Swedish krona and Norwegian krone.
HGJP is designed to match the performance of the FTSE Japan 100% Hedged to USD Index, a free-float-adjusted and market-cap-weighted index comprising Japanese large- and mid-cap stocks. The index hedges against fluctuations between the value of the U.S. dollar and the Japanese yen.
As is typical for similar ETFs, HGEU and HGJP will use currency forwards to hedge foreign currency exposure. The currency hedges will be reset on a monthly basis.
ProShares offers the nation's largest lineup of alternative ETFs. We help investors to go beyond the limitations of conventional investing and face today's market challenges. ProShares helps investors build better portfolios by providing access to alternative investments delivered with the liquidity, transparency and cost effectiveness of ETFs. Our wide array of alternative ETFs can help you reduce volatility, manage risk and enhance returns.