The great new ETF (exchange traded fund) stamped continues unabated. Who'd have thought there was so many wonderful investment opportunities that hadheretofore been ignored? This past week alone we've seen:
Claymore launch the Claymore/MAC Global Solar Energy Index ETF (Ticker 'TAN' - ha ha ha), which owns around 25 solar related stocks. Because frankly investing in the dozen or so existing alternative energy funds is just too darn diversified. This fund offers a hedge against Birkenstock-wearing 'no nukes' politicians screwing up your investment in the recently launched PowerShares Nuclear ETF (PKN) or Market Vectors Nuclear Energy ETF (NLR). Alternatively consider the ELEMENTS Credit Suisse Global Warming Index ETN (GWO) as a hedge against do-gooders.
Northern Trust launch the NETS™ TOPIX ETF (TYI) based on the Topix Japanese stock index, in addition to a smattering of other country funds. Hey at least they got the nerve to launch an ETF for the down and out Japanese market, most ETFs chase trends.
The debut of DB Agriculture Double Short ETN (AGA), DB Agriculture Double Long ETN (DAG), DB Agriculture Short ETN (ADZ), DB Agriculture Long ETN (AGF). Nothin says laissez-faire capitalist like four new ways to gamble on agriculture while residents of other countries riot over food shortages.
Yep, what a week. There hasn't been this many ETFs launched since...well since the week before last.
Sarcastically-Toned New ETF Launch Review
The great new ETF (exchange traded fund) stamped continues unabated. Who'd have thought there was so many wonderful investment opportunities that hadheretofore been ignored? This past week alone we've seen:
Claymore launch the Claymore/MAC Global Solar Energy Index ETF (Ticker 'TAN' - ha ha ha), which owns around 25 solar related stocks. Because frankly investing in the dozen or so existing alternative energy funds is just too darn diversified. This fund offers a hedge against Birkenstock-wearing 'no nukes' politicians screwing up your investment in the recently launched PowerShares Nuclear ETF (PKN) or Market Vectors Nuclear Energy ETF (NLR). Alternatively consider the ELEMENTS Credit Suisse Global Warming Index ETN (GWO) as a hedge against do-gooders.
Northern Trust launch the NETS™ TOPIX ETF (TYI) based on the Topix Japanese stock index, in addition to a smattering of other country funds. Hey at least they got the nerve to launch an ETF for the down and out Japanese market, most ETFs chase trends.
The debut of DB Agriculture Double Short ETN (AGA), DB Agriculture Double Long ETN (DAG), DB Agriculture Short ETN (ADZ), DB Agriculture Long ETN (AGF). Nothin says laissez-faire capitalist like four new ways to gamble on agriculture while residents of other countries riot over food shortages.
Yep, what a week. There hasn't been this many ETFs launched since...well since the week before last.