Exchange Traded Products are changing the landscape of the investing world. The are unique products that offers many benefits, but that still doesn’t mean they’re perfect. In an open letter to the powers that be, CCAM President, Ron Rowland offers up several recommendations to help protect investors and raise awareness about challenges that the ETP world must overcome.
About Ron Rowland
We can sum up the stock market’s 2011 first quarter in one word: Energy. Some other sectors managed to show good performance, but Energy beat them all by a significant margin. Unrest in the Middle East, beginning in Tunisia and Egypt then spreading throughout the region, added a huge risk premium to crude oil prices. Signs of economic recovery in the West and then the earthquake in Japan added further momentum.
Another year is in the record books. Or, to look at it another way, we’ve completed another lap in the race to investment success. The difference in this race is that everyone has their own personal finish line. Wherever yours is, you are now a year closer to it
The third quarter of 2010 was a mirror image of the prior quarter for many market segments as substantial 2nd quarter losses were reversed. This, in turn, was a reversal of the pattern in the quarter before that. The home stretch into year-end is now underway, but let’s take a look back before we think about the future. Here are third quarter returns for the major benchmarks, with the previous two quarters shown for comparison.
Exchange-Traded Funds (ETFs) are changing the landscape of investing. For decades, investors had to make a choice between the flexibility of stocks and the convenience of mutual funds. With the introduction of ETFs, you no longer have to compromise. That’s why I call ETFs “Mutual Funds for the 21st Century”. In my new 14-page special [...]
TD Ameritrade (AMTD) today announced the launch of its Commission-Free ETF Market Center. The October 8, 2010 press release states that more than 100 commission-free ETFs, selected by Morningstar, are available to clients of Ameritrade and Capital Cities Asset Management.
The Wall Street Journal contacted me in late August for a story they were researching about ETFs that were shutting down and going out of business. As most of you know, I’m a big fan of exchange-traded funds (ETFs). However, about two years ago, I became concerned about the quantity of new products coming to market…
Unless you are knowledgeable of the legal or financial services industries, there is a good chance the word fiduciary is not part of your regular vocabulary. However, if you are seeking financial advice, it is a word you need to understand. When receiving advice, you need to know if that advice is coming from someone putting your interests ahead of their own.
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