The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that it is trading above its 200-day and 50-day moving averages, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term buy on the dip opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the $100k mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
ETF Insider: Buy On The Dip Prospects January 21st Edition
The ex-dividend date in each case is January 28, 2014. —————————————————————————- Distribution Trading Amount (per Symbol unit) —————————————————————————- First Asset Canadian Convertible Bond ETF CXF $0.0417 ——————— CXF.A $0.0354 —————————————————————————- First Asset DEX All Canada Bond Barbell Index ETF AXF $0.0267 ——————— AXF.A $0.0225 —————————————————————————- First Asset DEX Corporate Bond Barbell Index ETF KXF $0.0308 ——————— KXF.A $0.0267 —————————————————————————- First Asset DEX Government Bond Barbell Index ETF GXF $0.0267 ——————— GXF.A $0.0225 —————————————————————————- First Asset DEX Provincial Bond Index ETF PXF $0.0333 ——————— PXF.A $0.0292 —————————————————————————- First Asset Morningstar Emerging Markets Composite Bond Index ETF EXM $0.0333 ——————— EXM.A $0.0292 —————————————————————————- All of the distributions indicated in the table above will be paid in cash unless the Unitholder has enrolled in the applicable DRIP of the respective ETF. Under the DRIP, any distributions made by an ETF are automatically used to purchase additional units of the ETF making the distribution. Eligible unitholders are encouraged to contact the institution through which they hold their units to confirm enrolment procedures and timelines. A copy of the Distribution Reinvestment Plan is available at http://www.firstasset.com .
First Asset ETF Funds January Distributions
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Uranium ETF is Looking Hot
to build metal refineries in the country. Bloomberg Russian stocks rose for a second day as OAO Gazprom advanced and Goldman Sachs Group Inc. said equities are its preferred asset in the country, offsetting concern Chinas slowing growth may crimp commodity … Bloomberg Jan.
ETF Chart of the Day: ETFs the Queen Would Love
BlackRock, Fidelity reaping rewards from ETF tie-up
According to a regulatory filing , the funds will close on or about Jan. 24. Both GEMS and MSXX launched on Nov. 29, 2012, and are currently managing $1 million and $775,000, respectively. The firm currently manages the PureFunds ISE Junior Silver ETF ( SILJ | F-37 ), which also redirected launched in November 2012 and is currently managing $1.5 million.
PowerShares alumnus’ start-up riding ETF evolution
The ETF has been around since 1996, making it a true veteran in the ETP space, and the index currently has 109 individual equities included that are domiciled in the U.K. Top holdings are currently large cap names that should not be unfamiliar to anyone, such as HSBC Holdings PLC (6.93%), Vodafone Group PLC (6.44%), BP PLC (5.15%), Royal Dutch Shell PLC Class A (4.65%), and GlaxoSmithKline PLC (4.38%), with healthy allocations to both the Financial Services (20.03%) and Energy (16.23%) sectors. EWU has pulled in more than $400 million in the first several weeks of 2014, which is not a number to sleep on given it accounts for about 10% of the overall assets under management in the fund itself. Trading volume was extremely heavy during several sessions last week, and with earnings season upon us and with the ETF seemingly breaking out to new highs activity will most likely continue to be on the heavy side in the near term. EWU is in fact the fifth largest ETF in the European Equity based category, behind some more diversified products that grant exposure to a broader array of European countries outside of just the U.K. Other U.K.
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