Carl Delfeld in a recent Forbes article points out the innovative exchange traded funds recently brought to market and how there are more choices in the ETF universe.
ETF highlights of the article include: The First Trust Nasdaq-100 Equal Weighted Index (QQEW); Fidelity Nasdaq Composite Index Tracking Fund (ONEQ); The First Trust IPOX-100 (FPX), which contains initial public offerings; six new Rydex currency ETFs; iShares launched 10 new subsector ETFs; State Street has 6 new S&P sector ETFs and Barclays introduced iPath, which are exchange traded notes.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.