‘ Leveraged and Inverse ETFs ’

Direxion launches 3x leveraged pharmaceuticals ETF

Nov 15th, 2017 | By
Direxion launches 3x leveraged pharmaceuticals ETF

Direxion, the US-based leveraged and inverse ETF specialist, has launched the Direxion Daily Pharmaceutical Bull 3X Shares (PILL US). The ETF seeks to achieve 300% of the daily performance of the Dynamic Pharmaceutical Intellidex Index, an index composed of 30 US pharmaceutical companies identified by NYSE’s Intellidex methodology as having the greatest potential for capital appreciation.



Inverse & leveraged ETF AUM reaching record highs, finds ETFGI

Nov 14th, 2017 | By
AUM in inverse & leveraged ETFs reaching record highs, finds ETFGI

Assets invested in inverse and leveraged ETFs listed globally increased 14.1% in the first nine months of 2017 to reach a new record high of $77.1 billion, according to London-based ETF industry consultant ETFGI.



Are ETF investors losing confidence in the European recovery?

Nov 1st, 2017 | By
Are ETF investors losing confidence in the European recovery?

Analysis of recent ETF flows signals ETF investors might be losing confidence in the European recovery story that has become something of a consensus trade lately.



Direxion to change index for leveraged small-cap ETF

Oct 3rd, 2017 | By
Direxion changes index for leveraged small cap ETF

New York-based ETF provider Direxion is changing the underlying index of the Direxion Daily Small Cap Bull 1.25X Shares (NYSE Arca: LLSC). As of 1 December 2017, the fund will switch from using the Russell 2000 Index to the S&P Small Cap 600 Index.



FTSE Russell announces changes to the Industry Classification Benchmark

Sep 7th, 2017 | By
Creation of official GICS real estate sector to change MSCI- and S&P-linked ETFs

Index provider FTSE Russell has announced changes to its Industry Classification Benchmark (ICB), a classification taxonomy used to segregate markets into industries and sectors. The adjustments include real estate becoming the eleventh ICB Industry, as well as a reshuffle of the telecommunications sector to better reflect the present state of industry evolution.



Direxion to close 12 inverse & leveraged sector ETFs

Sep 4th, 2017 | By
Direxion to close 12 inverse & leveraged sector ETFs

Inverse and leveraged ETF provider Direxion has announced its decision to close and liquidate twelve funds, each providing investors with a targeted sector play. All but one of the funds scheduled for closure offer inverse exposure to their underlying index, indicating the effect the ongoing equities bull market has had on demand for bearish products.



Short USD ETF flows jump as hopes of Trump bump slump

Aug 22nd, 2017 | By
Short USD ETF flows jump as hopes of Trump bump policies slump, reports ETF Securities

ETF Securities has reported a rise in flows into its short US dollar ETFs in its latest weekly flows analysis for the week starting 14 August 2017. Morgane Delledonne, fixed income strategist at ETF Securites, identified the unclear commitments of Trump’s administration around pro-growth policies as the driver behind the flows.



ProShares to close 13 ETFs

Aug 1st, 2017 | By
Direxion to close 12 inverse & leveraged sector ETFs

ProShares, a US-based provider specializing in inverse and leveraged ETFs, has announced it is closing 13 funds in its line-up. 



Fubon launches Hang Seng H-Share ETF in Taiwan

Jul 31st, 2017 | By
Fubon launches Hang Seng H-Share ETF in Taiwan

Taipei-headquartered Fubon Asset Management has launched the Fubon Hang Seng H-Share ETF (00700) on Taiwan Stock Exchange, providing access to the performance of mainland China enterprises listed in Hong Kong.



Samsung AM to close four inverse and leveraged ETPs

Jul 19th, 2017 | By
Samsung AM to close four inverse and leveraged ETPs

Hong Kong-based Samsung Asset Management has announced it is closing four of its leveraged and inverse ETPs which provide exposure to equities listed in South Korea or Japan. The last trading day for the ETPs will be 31 July 2017 and their proposed termination date will be on or around 29 September 2017.