All American ETF Options
July 04, 2010 at 11:45 AM EDT
Happy Fourth of July from the team at ETF Database! Given the chaos of recent weeks in financial markets, investors should be thrilled to relax with fireworks, family gatherings, and good old-fashioned barbecues. To celebrate the Fourth, we take a timeout from talks of double dips, oil spills, unemployment to highlight five all-American ETFs that could put a little patriotic flair into any portfolio: Build America Bond Portfolio (BAB) This ETF seeks to replicate the BofA Merrill Lynch Build America Bond Index, which is designed to track the performance of U.S. dollar-denominated Build America Bonds publicly issued by U.S. states and territories, and their political subdivisions. Build America Bonds are a relatively new security, but have become tremendously popular; it’s estimated that eligible governments have issued more than $100 billion in Build America Bonds since they were introduced a little over a year ago [...] Click here to read the original article on ETFdb.com. Related Stories: State Street Launches Build America Bond ETF (BABS) PowerShares Plans Another Build America Bond ETF (BABI) PowerShares Plans Build America Bond ETF