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5 New ETFs Hit The Streets: RIGS, NFRA, CHNA, NOBL, ULST
October 11, 2013 at 07:00 AM EDT
Wall Street was in for some volatile sessions this week as the U.S. government shutdown weighed heavily on U.S. equities. Investors seemed somewhat relieved after House Republicans announced they will unveil a a six-week debt-ceiling increase, which would act as a temporary fix to the nation’s looming debt deadline. On the economic front, the White House announced that Janet Yellen–the current vice chairman and a supporter of easy-money policies–would be nominated as the next Federal Reserve Chairman [see 5 Big ETFs That Still Aren't Back To Pre-Crisis Levels]. The ETF industry also saw plenty of activity this week, as ETF issuers continue to fill the product pipelines: Denver-based ALPS, known for its popular Alerian MLP ETF , launched a new actively-managed income fund: RiversideFront Strategic Income Fund : This fund is designed to give investors a global portfolio of fixed income securities of various maturities, ratings, and currency denominations. The fund will invest in corporate [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wall Street was in for some volatile sessions this week as the U.S. government shutdown weighed heavily on U.S. equities. Investors seemed somewhat relieved after House Republicans announced they will unveil a a six-week debt-ceiling increase, which would act as a temporary fix to the nation’s looming debt deadline. On the economic front, the White House announced that Janet Yellen–the current vice chairman and a supporter of easy-money policies–would be nominated as the next Federal Reserve Chairman [see 5 Big ETFs That Still Aren't Back To Pre-Crisis Levels]. The ETF industry also saw plenty of activity this week, as ETF issuers continue to fill the product pipelines: Denver-based ALPS, known for its popular Alerian MLP ETF , launched a new actively-managed income fund: RiversideFront Strategic Income Fund : This fund is designed to give investors a global portfolio of fixed income securities of various maturities, ratings, and currency denominations. The fund will invest in corporate [...]
