MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, June 9, 2005 ETFs Expand Reach The range of exchange-traded funds continues to broaden. Rydex has plans to come out with the first euro-based ETF and BGI has a silver ETF in the works. According to Reuters, Rydex's euro-based ETF will trade on the NYSE under the symbol "FXE." Each FXE share will correspond to 40 euros held in an interest-bearing account at JPMorgan Chase. Meanwhile, Dow Jones Newswires reported that BGI is developing a silver ETF and that it will likely submit an SEC filing sometime in 2005 for launch in 2006. Printed from: MFWire.com/story.asp?s=9860 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |