the best performing etfs XSQ has now closed the initial offering of its units which will be available for trading on the TSX when the market opens today. “In an environment where rising rates are on the horizon, investors are reconsidering how best to access bonds,” said Noel Archard, Managing Director, Head of BlackRock Canada. While XQB covers the universe, XSQ will capture the short end of the Canadian bond universe by seeking to replicate, to the extent possible, the performance of the FTSE TMX Canada Liquid Short Term Capped Bond Index. Both XSQ and XQB provide investors with exposure to higher credit quality bonds without a large sacrifice in yield relative to comparable market cap weighted portfolios that include lower rated securities across their respective duration profiles.
Ohio gas prices up slightly to start work week; state average remains below national number | Fox Business
Toy company Mattel is ramping up its efforts to bring Thomas & Friends products to consumers, rolling out a new direct-to-consumer catalog and website. Mattel Inc. said Monday that it is also teaming with 20 independent specialty retail stores to sell the Thomas & Friends Wooden Railway goods. Toys R Us will serve as the exclusive national chain. U.S.
Mattel boosts Thomas & Friends efforts with direct-to-consumer catalog, website | Fox Business
Putting a finger on IXNs anonymous status relative to other tech ETFs is a difficult task. After all, the ETF is not small nor is it new. Nearly 13 years old, IXN is home to $723.7 million in assets under management. More important than those aesthetic superlatives is IXNs status as a credible ETF for gaining exposure to Apple ( AAPL ). That is a good trait to ETF when Apple is up 24.4% in the past 90 days and flirting with all-time highs. IXN allocates 13.3% of its weight to Apple.
Last Week’s ETF Highlights: Coffee and India Funds Soar – Yahoo Finance
Notable IPOs of Q2 The success was widespread. While growth stocks witnessed massive sell-offs in Q1 thanks to valuation concerns, these rebounded in Q2 and some IPOs tasted successes too. In Q2, GoPro’s ( GPRO ) had runaway success with its IPO, also validating investors’ enthusiasm for the new entrees. The quarter saw 10 Chinese companies listing their shares on U.S. exchanges.
After GoPro, What’s Next for IPO Market and ETFs? – ETF News And Commentary – NASDAQ.com
The average price for a gallon of regular gas was $3.49 in Monday’s survey from auto club AAA, the Oil Price Information Service and WEX Inc. That’s 2 cents more than a week ago and 28 cents lower than a month ago in Ohio. Monday’s national average was $3.57, which is 4 cents lower than a week ago. It’s 10 cents lower than the price last year at this time. Analysts say the price of crude oil was elevated on anxiety about the Middle East, though the likelihood of disruption in supplies was small.
Global Tech ETF Tempts – Yahoo Finance
iPath Seasonal Natural Gas ETN ( DCNG ) Down 11.45% Recent predictions about a milder summer in the U.S. and reduced demand from power plants caused this natural gas ETN to slump more than 11% last week. The ETN tracks the Barclays Capital Natural Gas Seasonal TR Index, which reflects the investment returns in a rolling position in Henry Hub Natural Gas futures contracts plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The product is also quite unpopular and illiquid with an asset base of $1.3 million and average volume of under 10,000 shares. The ETN charges 75 basis points as fees. ELEMENTS SPECTRUM Large Cap U.S.