ETF Trends
ETF Trends

The ever-growing exchange traded fund (ETF) industry is gearing up for a few new additions to the family.

iShares plans to introduce the iShares MSCI Egypt Capped Investable Market Index Fund (NYSEArca: EGYP). The ETF Professor for Benzinga reports that this ETF would go head-to-head with Market Vectors Egypt (NYSEArca: EGPT), which has about $5.7 million in assets. [BRICS: Move Over for CIVETS?]

Shishir Nigam for Daily Markets reports that AdvisorShares filed for  two new actively-managed ETFs with SEC. With these two new funds, in partnership with Strategic Income Management, AdvisorShares fills out its line-up even more with something to attract conservative income-seeking investors. [New Providers May Change The Industry.]

The new ETFs are SiM Dynamic Allocation Diversified Income ETF (DINC) and SiM Dynamic Allocation Growth Income ETF (DGRO).

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. 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.