ETF Trends
05-07-2008, 02:20 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/05/06/bricks.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/05/06/bricks.jpg) BRIC exchange traded funds (ETFs) (http://www.etftrends.com/2008/04/brics.html) showed themselves to be solid in April. Investor interest and enthusiasm for the funds has peaked over the past several years, with outstanding sector-leading performances in 2007.
Richard Widows for The Street researched (http://www.thestreet.com/_yahoo/funds/mutualfundinvesting/10415130.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA) the BRIC ETFs for the month of April, some of which posted impressive performance numbers.
SPDR S&P China (GXC (http://finance.yahoo.com/q?s=gxc)) was up 17.97% in April, and was the top performer for the month. iShares FTSE/Xinhua China 25 Index (FXI (http://finance.yahoo.com/q?s=fxi)) advanced 17.5% with a net $6 billion in assets.
Brazil fared well with a pair of ETFs: iShares MSCI Brazil Index (EWZ (http://finance.yahoo.com/q?s=ewz)) up 17.3% and HOLDRs TeleBras (TBH (http://finance.yahoo.com/q?s=tbh)) up 14.2% in April.
First Trust ISE Chindia (FNI (http://finance.yahoo.com/q?s=fni)) was up 16.6%, as a blend of China and India, and Claymore/BNY BRIC (EEB (http://finance.yahoo.com/q?s=eeb)) was up 11.1%. An honorable mention was given to iPath MSCI India Index (INP (http://finance.yahoo.com/q?s=inp)), as the ETN gives a hard-to-access passage to India. The fund rose 7.1% in April.
There's still more BRIC exposure to be had, though, both in single-country and broad-based form.
Market Vectors Russia (RSX (http://finance.yahoo.com/q?s=RSX)), up 3% in April
SPDR S&P BRIC 40 (BIK (http://finance.yahoo.com/q?s=bik)), up 9.7% in April
iShares MSCI BRIC Index (BKF (http://finance.yahoo.com/q?s=bkf)), up 9.8% in April For full disclosure, Tom Lydon's clients own shares of INP.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/285496111/best-performing.html)
http://www.etftrends.com/images/2008/05/06/bricks.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/05/06/bricks.jpg) BRIC exchange traded funds (ETFs) (http://www.etftrends.com/2008/04/brics.html) showed themselves to be solid in April. Investor interest and enthusiasm for the funds has peaked over the past several years, with outstanding sector-leading performances in 2007.
Richard Widows for The Street researched (http://www.thestreet.com/_yahoo/funds/mutualfundinvesting/10415130.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA) the BRIC ETFs for the month of April, some of which posted impressive performance numbers.
SPDR S&P China (GXC (http://finance.yahoo.com/q?s=gxc)) was up 17.97% in April, and was the top performer for the month. iShares FTSE/Xinhua China 25 Index (FXI (http://finance.yahoo.com/q?s=fxi)) advanced 17.5% with a net $6 billion in assets.
Brazil fared well with a pair of ETFs: iShares MSCI Brazil Index (EWZ (http://finance.yahoo.com/q?s=ewz)) up 17.3% and HOLDRs TeleBras (TBH (http://finance.yahoo.com/q?s=tbh)) up 14.2% in April.
First Trust ISE Chindia (FNI (http://finance.yahoo.com/q?s=fni)) was up 16.6%, as a blend of China and India, and Claymore/BNY BRIC (EEB (http://finance.yahoo.com/q?s=eeb)) was up 11.1%. An honorable mention was given to iPath MSCI India Index (INP (http://finance.yahoo.com/q?s=inp)), as the ETN gives a hard-to-access passage to India. The fund rose 7.1% in April.
There's still more BRIC exposure to be had, though, both in single-country and broad-based form.
Market Vectors Russia (RSX (http://finance.yahoo.com/q?s=RSX)), up 3% in April
SPDR S&P BRIC 40 (BIK (http://finance.yahoo.com/q?s=bik)), up 9.7% in April
iShares MSCI BRIC Index (BKF (http://finance.yahoo.com/q?s=bkf)), up 9.8% in April For full disclosure, Tom Lydon's clients own shares of INP.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/285496111/best-performing.html)