Northern Trust Readies to Enter the ETF Marketplace

November 23rd at 2:00pm by Tom Lydon

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164935__new_kids_l There’s a new kid on the block of exchange traded funds (ETFs). Northern Trust is entering the  market with a big splash, by offering 19 foreign-market funds, according to Jesse Emspak at Investor’s Business Daily.  There is not a domestic to be found in the mix, and according to a filing with the Securities Exchange Commission, the ETFs will track indexes using American, euro and global depositary receipts.

The firm plans for its ETFs to represent 19 countries, with eight of them focused on emerging markets: China, Hong Kong, Israel, Malaysia, Russia, Singapore, South Africa and Taiwan. The rest will track indexes in Europe, Australia and Japan.

There are a few other firms that have ETFs tracking some of the same countries Northern Trust is proposing, including Barclays iShares and State Street Global Advisors’ SPDRs.

When it comes to the booming international markets, the more the merrier!

Northern Trust Joins ETF Playing Field

November 9th at 8:00am by Tom Lydon

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Images Northern Trust is making its move into the exchange traded fund (ETF) marketplace. The Chicago banking giant filed with the SEC for 27 new ETFs that will offer focused exposure to a number of international and global markets, reports Matthew Hougan for Index Universe. The filing consists of 20 country-specific funds, four international REIT ETFs, and three global funds. They will call these funds NETS. The word is not yet out on the expense ratios or listing sites.

There are some standouts in the filing, but one in particular is a gem, the NETS Dow Jones Wilshire Global Total Market ETF. This will be the first completely global ETF, including the U.S., international developed and emerging markets exposure all in one. Keep a lookout!

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