has filed to launch an actively managed exchange traded fund (
) that tracks Brazil bonds, while new exchange traded notes (ETNs)
that short Treasuries have come to market.
WisdomTree has filed with the Securities and Exchange Commission
(SEC) to launch a Brazil Bond Fund, which will be actively-managed
to achieve income and capital appreciation in the fund. The new
fund would invest in Brazilian government and corporate bonds,
says Shishir Nigam for Active ETFs in Focus
. No ticker is available yet. [
New ETF Providers May Change the Industry.
Robert Goldsborough for Morningstar reports
interest in the ETN industry continues to grow. Last week, three
new ETNs were added to the growing industry. The new funds provide
exposure to merger and acquisition arbitrage, as well as to double
inverse 10-year and long bond Treasury futures. [
Last Week's Latest ETF Filings.
Credit Suisse Merger Arnitrage Liquid Merger ETN (
is an arbitrage-themed exchange-traded product that bundles
together many publicly traded takeover targets into one
product. The goal is to smooth out and diversify the risks to
investors who would feel pain if they invested in just one merger
JP Morgan also launched two double inverse U.S. Treasury ETNs,
JP Morgan Double Short US Long Bond Treasury Futures ETN
the JP Morgan US Double Short US 10 Year Treasury
Futures ETN (NYSEArca: DSXJ)
. With all this talk of a p
ossible bond bubble
, these funds might strike a chord with some investors.
Tisha Guerrero contributed to this article.