Week 27: New ETP launches

Jul 16 2012

ETF name: db Commodity Momentum Euro Hedged ETC

Asset class: Commodity ETC
ISIN: DE000A1N4341

Total expense ratio: 0.45 percent
Distribution policy: n/p

Benchmark: db Commodity Momentum Euro Hedged Index


The new db ETC tracks the performance of the db Commodity Momentum EUR Index, which follows an investment strategy based on short-term momentum of individual commodities. The index represents a broadly diversified commodity basket, based on the 14 sub-indices of S&P GSCI. All db ETCs are backed by physically deposited gold bars.

The DB Commodity Momentum Index enables investors to take advantage of momentum-based investing in commodities The Index applies momentum on the prompt future contracts of 14 commodities which are representative of 4 commodity sectors. The Index aims to go long bullish commodities in a bullish environment and short bearish commodities in a bearish environment.

 

ETF name: DB X-trackers II iBoxx GBP Liquid Corporate 100 Index ETF

Asset class: Fixed Income ETF

ISIN: LU0675343288

Total expense ratio: 0.2 percent

Benchmark: Markit IBOXX GBP LIQUID CORPORATE 100 INDEX®

The db x-trackers II iBoxx GBP Liquid Corporate 100 Index ETF seek to track Markit IBOXX GBP LIQUID CORPORATE 100 INDEX®. The index represents the performance of up to 100 Sterling denominated corporate bonds within the liquid universe of Sterling denominated corporate debt issued by corporate issuers taking into account re-balancing costs. The Index includes only Sterling denominated bullet fixed coupon bonds (plain vanilla bonds). To qualify for the Index all eligible bonds must have a remaining time to maturity of at least 2 years measured from the respective re-balancing date to the maturity date and a minimum amount outstanding of GBP 400 million in order to be eligible for the Index.

 

ETF name: First Asset DEX All Canada Bond Barbell Index ETF

Asset class: Fixed Income ETF

ISIN: CA31863K1066

Total expense ratio: 0.25 percent

Benchmark: DEX All Canada Bond Barbell Index

The First Asset DEX All Canada Bond Barbell Index ETF has been designed to replicate, to the extent possible, the performance of the DEX All Canada Bond Barbell Index, net of expenses. The investment strategy of the First Asset DEX All Canada Bond Barbell Index ETF is to invest in and hold Constituent Securities of the DEX All Canada Bond Barbell Index. The First Asset DEX All Canada Bond Barbell Index ETF will invest in Canadian federal government, provincial government and municipal government bonds, and bonds fully guaranteed by the foregoing, and investment grade bonds issued by Canadian corporations. Both fixed rate, bullet bonds as well as floating rate bonds will qualify for inclusion in the Index. 

 

ETF name: First Asset DEX Corporate Bond Barbell Index ETF

Asset class: Fixed Income ETF

ISIN: CA31863H1038

Total expense ratio: 0.25 percent

Benchmark: DEX Corporate Bond Barbell Index

The First Asset DEX Corporate Bond Barbell Index ETF has been designed to replicate, to the extent possible, the performance of the DEX Corporate Bond Barbell Index, net of expenses. The investment strategy of the First Asset DEX Corporate Bond Barbell Index ETF is to invest in and hold Constituent Securities of the DEX Corporate Bond Barbell Index. The First Asset DEX Corporate Bond Barbell Index ETF will invest in investment grade bonds issued by Canadian corporations. Both fixed rate, bullet bonds as well as floating rate bonds will qualify for inclusion in the Index.

 

ETF name: First Asset DEX Government Bond Barbell Index ETF

Asset class: Fixed Income ETF

ISIN: CA31863E1007

Total expense ratio: 0.2 percent

Benchmark: DEX Government Bond Barbell Index

The First Asset DEX Government Bond Barbell Index ETF has been designed to replicate, to the extent possible, the performance of the DEX Government Bond Barbell Index, net of expenses. The investment strategy of the First Asset DEX Government Bond Barbell Index ETF is to invest in and hold Constituent Securities of the DEX Government Bond Barbell Index. The First Asset DEX Government Bond Barbell Index ETF will invest in Canadian federal government, provincial government and municipal government bonds, and bonds fully guaranteed by the foregoing. Both fixed rate, bullet bonds as well as floating rate bonds will qualify for inclusion in the Index.

Links:Earn Better Risk-adjusted Returns Through a Balanced Approach

Links:Barbell Strategy: Balancing Offense and Defense with Your Bond Portfolio

Note: Last week I created a small blog post on the merit of GDP-Weighting.

 

ETF name: AdvisorShares Global Alpha & Beta ETF

Asset class: Alternative

ISIN: US00768Y7435

Net Total expense ratio: 1.4 percent

Benchmark: Actively Managed

The AdvisorShares Global Alpha & Beta ETF (NYSE: RRGR) is a broadly diversified global asset allocation ETF which seeks to outperform traditional financial indices such as the S&P 500 Index and the Barclays Capital Aggregate Bond Index through exposure to lower volatility and mitigation of risk, utilizing a “top-down” perspective that focuses on tactical asset allocation and proprietary security selection. RRGR is managed by Your Source Financial (“Portfolio Manager”).

The Portfolio Manager seeks to achieve the objective by investing primarily in other ETFs, individual stocks, and American Depositary Receipts (“ADRs”) that provide investment exposure to global equity markets and that meet certain selection criteria established by the Portfolio Manager.

 

 ETF name: BetaShares Australian Equities Bear Hedge Fund (BEAR)

Asset class: Equity

ISIN: AU00000BEAR2

Net Total expense ratio: 1.19 percent

Benchmark: Actively Managed

The Bear Fund is the first managed fund in Australia that provides investors with a simple way to profit from, or protect against, a decline of the Australian share market. The Fund seeks to generate returns that are negatively correlated to the returns of the Australian share market (as measured by the S&P/ASX 200 index).