This is the latest in the Seeking Alpha series of interviews with leading ETF firms of interest to our readers. These, however, are interviews with a twist: the executive has agreed to answer questions and respond to comments not from a single interviewer, but rather from our community of readers and contributors.
This interactive Q&A is with Jeffrey Feldman, Founder and Chairman of XShares Group LLC, a leader in a new approach to bringing innovative Exchange Traded Funds (ETFs) to market on its administrative platform. XShares Group has sponsored this interview, which works like this:
- Jeff briefly introduces himself and the issues he's focused on below.
- Readers and contributors can immediately start to post questions and remarks using the comment box below (Note: you need to sign up for free registration and be logged in to do so).
- Seeking Alpha editors will not filter or edit the questions and comments from readers, except to delete insulting or overly aggressive language.
- Jeff has agreed to respond to the questions and remarks by beginning to post answers to readers' questions on Thursday, April 12th. Readers can track his answers and respond to them during that period, with the resulting dialogue remaining on the site.
- Readers can respond to his responses during that time.
Yahoo Finance readers may join the Q&A by following this link.
Over to Jeff:
Hello, I am Jeff Feldman, Founder and Chairman of XShares Group LLC (XShares).
Thanks to Seeking Alpha for providing this opportunity to chat directly with the ETF investment community. XShares Advisors LLC (XShares), a subsidiary of XShares Group LLC, is a registered investment advisor that provides investment advisory services to Exchange Traded Funds. XShares also partners with major institutions and index providers seeking to bring innovative Exchange Traded Funds to the market using its administrative platform.
Our initial product launch was the HealthShares™ family of ETFs earlier this year. HealthShares™ divide the healthcare industry into unique Verticals that include companies with diversified market capitalizations. Companies included in the HealthShares™ ETFs typically range in size from $100 million to $15 billion in market capitalization. Each HealthShares™ ETF creates a meaningful position in companies within a specific therapeutic or geographic area that are developing next-generation products.
Additionally, XShares is exploring new products based on carbon emission credits and targeted geographic portfolios based on states.
I'm happy to discuss a range of topics with Seeking Alpha's readers, including:
- the HealthShares Exchange traded Funds
- the approach to building narrow portfolios through ETFs
- correlated versus non-correlated assets in building portfolios
- how to build a portfolio with ETFs
- the projected growth in ETFs.
This forum is an interactive dialogue between Mr. Feldman and users of the site. The opinions expressed by Mr. Feldman herein are his own and do not represent the opinions of XShares Advisors LLC, HealthShares Exchange-Traded Funds or any other person or entity. Nothing herein should be construed as a forecast of future events, a guarantee of future results or investment advice. Nothing herein may be deemed an offer or sale of any investment product and it should not be relied on as such. The user of this information assumes the entire risk of any use made of the information provided herein and neither Mr. Feldman, XShares, HealthShares or any other person or entity makes any representation as to the accuracy of any statements expressed herein or any express or implied warranty. This information is not to be reproduced or redistributed.
Before investing in HealthShares Exchange-Traded Funds, an Investor should consider the fund’s investment objective, risks, charges and expenses carefully.
For this and more complete information about the fund call 800.925.2870 or visit the website www.healthsharesinc.com for a prospectus. Please read the prospectus carefully before investing.
There are risks involved with investing in ETFs, including HealthShares, including possible loss of money. HealthShares™ are not actively managed and are subject to risks similar to stocks, including those related to short selling and margin maintenance. HealthShares™ ETFs are subject to increased risks associated with investing in a specific sector compared to more a diversified investment.
The prospectus is not an offer to buy or sell the portfolio shares, nor is the fund soliciting an offer to buy its shares, in any jurisdiction where the offer or sale is not permitted.
The HealthShares ETFs are registered for sale in the United States only and are not intended for use by non-US investors.