May ETF Roundup: Launches, Filings And Closures

By: ETFdb
May was yet another strong month in the markets, with few investors selling early this year to avoid a summer slump. However, some investors were spooked early in the month after the FOMC rate decision and press conference. In its statement, the Fed said it would continue its $85 billion a month bond buying program, but indicated that it could either increase or decrease the amount it purchases monthly depending on the economic environment. Only two weeks later, funds took a dip after a report that the Fed may be ready to scale back its massive bond program sooner than any analysts had expected. With the end of May in sight, Treasury yields skyrocketed to levels not seen in over 13 months, leading many high yield corners of the market to suffer [for updates on all new ETFs, sign up for the free ETFdb newsletter]. May had a number of new funds launch in [...] Click here to read the original article on ETFdb.com. Related Posts: Everything You Need To Know About The New Shareholder Yield ETF (SYLD) ArrowShares Plans Actively Managed Funds, KraneShares Files For China ETFs ArrowShares Files For High Yield Bond ETF PowerShares Launches EM Local Currency Sovereign Debt Portfolio (PFEM) A Closer Look At Managed Futures ETPs
May was yet another strong month in the markets, with few investors selling early this year to avoid a summer slump. However, some investors were spooked early in the month after the FOMC rate decision and press conference. In its statement, the Fed said it would continue its $85 billion a month bond buying program, but indicated that it could either increase or decrease the amount it purchases monthly depending on the economic environment. Only two weeks later, funds took a dip after a report that the Fed may be ready to scale back its massive bond program sooner than any analysts had expected. With the end of May in sight, Treasury yields skyrocketed to levels not seen in over 13 months, leading many high yield corners of the market to suffer [for updates on all new ETFs, sign up for the free ETFdb newsletter]. May had a number of new funds launch in [...]

Click here to read the original article on ETFdb.com.

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