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VanEck Merk Gold ETF reduces fees for gold delivery

Sep 21st, 2017 | By
VanEck Merk Gold Trust reduces fees for gold delivery

The VanEck Merk Gold Trust (NYSE Arca: OUNZ) has reduced the fees investors pay to take delivery of their gold. The fund gives investors access to buy and hold gold through an ETF with the option to take delivery of the gold in exchange for the fund’s shares. Axel Merk, president of Merk Investments, the sponsor of OUNZ, commented: “We are reaffirming our commitment to provide investors with easy and cost-effective access to their gold,”

Gold ETFs set to benefit as ‘fear trade’ intensifies

Sep 20th, 2017 | By
Gold ETFs set to benefit as 'fear trade' intensifies, reports World Gold Council

Gold ETFs look set to continue their recent bull run as, according to a report issued by the World Gold Council, the spot price of the precious metal is likely to be supported in the near term as growing uncertainty moves investors into safe-haven assets such as gold.

Morningstar reports slowdown in Europe-listed ETF flows

Sep 20th, 2017 | By
Lyxor builds out small and mid-cap equity ETF offering

After registering dynamic growth in the first half of the year, demand for Europe-listed ETFs slowed considerably in August, according to Morningstar’s monthly ETF asset flows analysis.

ETF Securities lists global robotics ETF in Australia

Sep 20th, 2017 | By
Robotics ETFs record strong inflows as sector outperforms

ETF Securities has listed the ETFS ROBO Global Robotics and Automation ETF (ROBO) on the Australian Stock Exchange, providing exposure to one of the fastest growing themes within the global technology segment.

First Trust planning changes to US dividend ETF

Sep 15th, 2017 | By
Amundi to launch S&P 500 buyback ETF

First Trust Portfolios Canada is planning to change the name and underlying index of the First Trust AlphaDEX US Dividend ETF (CAD-Hedged) (TSX: FUD), a fund which gives investors exposure to US large-cap equities that pay higher-than-average dividends.

Moody’s investigates effects of smart beta ETF price war

Sep 14th, 2017 | By
IndexIQ adjusts fees on a range of ETFs

The ongoing price war in smart beta ETF fees has the potential to negatively impact the credit ratings of traditional active asset managers as well as smart beta ETF providers, according to credit rating agency Moody’s.

Global X launches preferred stock ETF

Sep 14th, 2017 | By
Jay Jacobs, director of research of Global X.

Global X has launched the Global X US Preferred ETF (BATS: PFFD) providing broad exposure to the income-orientated US preferred asset class. Jay Jacobs, director of research at Global X, commented: “Preferreds have attractive yields that set them apart from other traditional income-generating asset classes like investment grade bonds and REITs.”

Solactive launches US large cap equal weight index

Sep 14th, 2017 | By
Solactive launches US investment grade corporate bond index

Solactive has launched the Solactive US Large Cap Equal Weight Index, a new index that tracks an equal weight exposure to the US large-cap equity segment. The index will include the 500 largest US-domiciled equities and will underlie the forthcoming Goldman Sachs Equal Weight US Large Cap Equity ETF (Bats: GSEW). Steffen Scheuble, CEO of Solactive, said: “We’re excited to once again serve as an index provider to Goldman Sachs through the creation of such a timely and unique index.”

Global ETF assets close in on $5 trillion

Sep 13th, 2017 | By
Deutsche introduces GBP-hedged MSCI World ETF to Switzerland

ETFGI, a London-based ETF research and consultancy firm, has released the results of its monthly ETF landscape report showing assets invested in globally-listed ETFs have grown 35.3% in the first eight months of 2017 to reach a new record high of $4.8 trillion. On current momentum, global ETF assets look set to reach $5tn in the next few months.

European ETF flows eclipse 2016 total

Sep 13th, 2017 | By
Europe-listed equity ETFs saw inflows of $1.6bn during the month, double the amount seen during August 2016.

ETFs and ETPs listed in Europe gathered $4.3bn in net new assets during August, marking 35 consecutive months of positive net inflows and a record level of $78.3bn in year-to-date (YTD) net gatherings, according to ETF industry consultant ETFGI. This figure is significantly higher than the $39.9bn in net inflows recorded at this point last year, and $22.6bn more than the $55.7bn gathered during the whole of 2016.