Kyle Waller

139 Names on ETF Deathwatch

genex,

When an ETF is closed, there is a process over a month or two of the fund liquidating its shares. At that time the ETF does not have to maintain its objective since it is in the process of liquidation. At the closing time, the ETF will liquidate all its shares and the an investor holding the ETF will receive the NAV for the ETF at that time.

An ETN is similar to an unsecured debt obligation, so an investor holding an ETN is open to credit risk and is guaranteed nothing.

Three Ways to Lock in Low Gas Prices

Interesting with some good info. I wonder if the Macroshares ETF would do something similiar, UOY, the Macroshares oil up ETF. I am not very familiar with energy ETFs and the oil up, oil down ETFs may not be great ETFs structurally but in theory, you would make $1 is the price of light crude oil increses $1.

The Fall of Index Funds

Mark,
You say a lot of things. I think there is a lot investors don't understand about indexing. I also think some of the things you said were right yet still uninformed. Index Funds do not make any investment decisions and to say that index fund performance will continue to be poor is saying that all sectors, asset classes, and countries in the world will have, on aggregate, poor performance. This may be your opinion.

You say you expect a, "conservatively managed balanced fund with a low expense ratio" to beat an index fund over the next few years. Sir, There are hundreds of index funds, will your fund beat all of them? Maybe you only mean an index in the same peer group. If that is the case, a better comparison would be to compare a mix of index funds, weighted to match your conservative mutual fund's asset allocation.

I know this is a lot but I'd like to make the point that indexing is more complicated than just comparing a conservative mutual fund with 40% bonds, to the S&P 500.