Van Eck Files For Global Chemicals ETF, Index Industry Association Is Created

By: ETFdb
Stock markets are continuing their bull run as encouraging economic data continues to restore confidence back in the domestic recovery. Upbeat commentary from the Fed coupled with better-than-expected retail sales earlier in the week played a key role in helping to sustain positive momentum on Wall Street. While stocks have been heating up, developments on the product development front have cooled off a bit, as the only new filing this week was for a global equity fund from Van Eck [see also How To Hedge For A Market Correction With ETFs]. Industry veteran, Van Eck, has laid the groundwork for an intriguing fund aimed at offering targeted exposure to the global chemicals industry [see SEC Filing]: Van Eck Global Chemicals ETF: This ETF will seek to replicate the price and yield performance of the Market Vectors Global Chemicals Index. The underlying portfolio will consist of foreign and domestic companies involved [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Stock markets are continuing their bull run as encouraging economic data continues to restore confidence back in the domestic recovery. Upbeat commentary from the Fed coupled with better-than-expected retail sales earlier in the week played a key role in helping to sustain positive momentum on Wall Street. While stocks have been heating up, developments on the product development front have cooled off a bit, as the only new filing this week was for a global equity fund from Van Eck [see also How To Hedge For A Market Correction With ETFs].  Industry veteran, Van Eck, has laid the groundwork for an intriguing fund aimed at offering targeted exposure to the global chemicals industry [see SEC Filing]:  Van Eck Global Chemicals ETF:  This ETF will seek to replicate the price and yield performance of the Market Vectors Global Chemicals Index. The underlying portfolio will consist of foreign and domestic companies involved [...]

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

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