Direxion Launches Billionaire ETF; First Trust Debuts Short Maturity Fund (IBLN, FTSM)

By: ETFdb
The ETF world continued to widen the investing universe this week, as two new funds debuted. There are now approximately 1,650 U.S.-listed ETFs that are currently active with well over $2 trillion in total assets. Though exchange traded products still have a ways to go before they de-throne mutual funds, their low cost and transparent nature has made them among the fastest growing investment vehicles in the world [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. Direxion Helps You Invest Like a Billionaire Direxion is usually well-known for its leveraged and inverse products, but on Friday it debuted an ETF that had neither of those two attributes. Instead, the iBillionaire Index ETF (IBLN) utilizes the Form 13F filings of famous billionaire investors to see where they are putting their money. Looking at up to 10 billionaires at once, IBLN dives into the holdings of Warren Buffett, George […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
The ETF world continued to widen the investing universe this week, as two new funds debuted. There are now approximately 1,650 U.S.-listed ETFs that are currently active with well over $2 trillion in total assets. Though exchange traded products still have a ways to go before they de-throne mutual funds, their low cost and transparent nature has made them among the fastest growing investment vehicles in the world [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. Direxion Helps You Invest Like a Billionaire Direxion is usually well-known for its leveraged and inverse products, but on Friday it debuted an ETF that had neither of those two attributes. Instead, the iBillionaire Index ETF (IBLN) utilizes the Form 13F filings of famous billionaire investors to see where they are putting their money. Looking at up to 10 billionaires at once, IBLN dives into the holdings of Warren Buffett, George […]

Click here to read the original article on ETFdb.com.

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