CashNews.co The Australian exchange-traded fund (ETF) industry now boasts $220 billion assets under management (AUM), new data from Betashares has revealed. According to the firmâs latest Australian ETF review, the industry rose by 2 per cent last month, with its total market cap increasing by $4.6 billion. August also saw the second highest monthly net […]
CashNews.co Footnotes 1 Source: Factset, S&P Dow Jones.2 Source: Factset, S&P Dow Jones.3 As at end-30 June 20244 This figure is presented as of June 30, 2024 and includes ETF AUM of $1,393.92 billion USD of which approximately $69.35 billion USD is in gold assets with respect to SPDR products for which State Street Global […]
CashNews.co KANSAS CITY, Mo., Sept. 11, 2024 /PRNewswire/ — American Century InvestmentsÂź today announces plans to close and liquidate American Century Emerging Markets Bond ETF (AEMB). (PRNewsfoto/American Century Services Corpo) AEMB will cease trading on the NYSE Arca, Inc. at the close of the market on Sept. 26, 2024. After this date, the fund will not […]
CashNews.co The new mutual fund and ETF expand CI GAMâs âQuality Dividend Growth Indexâ suite, which already includes US, Canadian, and international mandates available in both mutual fund and ETF structures. âWith todayâs launches, we are meeting demand for a global portfolio based on the proven quality dividend growth index approach,â said Jennifer Sinopoli, executive […]
CashNews.co For the most part, if something can make my life easier, I will embrace it. That goes for house chores, traveling, investing, and many other things. One thing that has made investing much simpler and more straightforward is using exchange-traded funds (ETFs). What used to take a large number of investments and lots of […]
CashNews.co Bitcoin BTC/USD and Ethereum ETH/USD spot ETFs saw substantial inflows on Sep. 10, with Bitcoin ETFs attracting $117 million and Ethereum ETFs $11.437 million in net inflows. This surge coincides with the cryptocurrency marketâs response to recent political developments and evolving economic indicators. What Happened: The fund flow data reveals strong performance across multiple […]
CashNews.co The S&P 500 is one of the most reliable wealth-building mechanisms the world has ever seen. It’s beautifully simple: an index of the U.S.’s 500 most prominent companies at any given time. The companies in the S&P 500 have changed over the years, but the index’s long-term results — mind-blowing wealth — remain the […]
CashNews.co Berkshire Hathaway could be the best ETF-like stock around. I’ve believed for a long time that investing in Warren Buffett’s favorite stock was similar to investing in an exchange-traded fund (ETF). Buffett’s favorite stock, of course, is Berkshire Hathaway (BRK.A -0.17%) (BRK.B -0.15%)the company he has led for decades. Berkshire Hathaway isn’t quite as […]
CashNews.co Ethereum ETFs may be underperforming due to historical market decline in Q3. Rising Ethereum exchange reserve could cause selling pressure. Ethereum’s open interest needs to grow to fuel a potential rally. Ethereum (ETH) is up 1% on Tuesday as ETHÂ exchange-traded funds (ETF)Â continue underperforming with another day of outflows. The weak flows in ETH ETFs […]
CashNews.co contributor Posted: September 10, 2024 As a shopkeeper has risen above its fellow meme coins thanks to its glamorous aesthetic. If a token can get noticed among the millions of low-effort meme coin launches driven by platforms like pumpfun it has already won half the battle. Attention and liquidity are the same thing in […]