Jun. 25, 2015, 11:40 AM
- Included in the 13 closings are a number of commodity ETNs launched with a bit of fanfare due to their being overseen by Jim Rogers - RGRP, RGRI, RGRC, RGRA, RGRE.
- The most successful of the group of 13 is the RBS U.S. Large Cap Trendpilot ETN (NYSEARCA:TRND), with $488M in AUM. Total AUM for all 13 is about $826M.
- The rest of those being closed: DRGS, ALTL, TCHI, TBAR, TNDQ, TWTI, TRNM.
- New creations have been immediately halted and redemptions will take place on or about July 7, with the last day of trade July 6.
- Source: ETF.com
- Related: RBS ETNs: When A Good Idea Alone Is Not Enough (June 23)
Jun. 18, 2015, 10:50 AM
- These trendpilot ETFs are built to rock between equity investments in growing markets, short-term Treasury holdings when markets are depressed and a mix of the two when markets are in between.
- The Pacer 100 Trendpilot ETF (BATS:PTNQ) tracks the Pacer Nasdaq-100 Trendpilot Index and changes in tracking will occur if the price of the ETF moving above or below the 100-day moving average of the index.
- The Pacer U.S. 450 Trendpilot ETF (BATS:PTMC) tracks the Pacer Wilshire U.S. Mid-Cap Trendpilot Index and changes in tracking will occur if the price of the ETF moving above or below the 200-day moving average of the index.
- The Pacer U.S. 750 Trendpilot ETF (BATS:PTLC) tracks the Pacer Wilshire U.S. Large-Cap Trendpilot Index and changes in tracking will occur if the price of the ETF moving above or below the 200-day moving average of the index.
- Other asset rotation ETFs: TRND, TNDQ, TRNM
May 16, 2014, 10:57 AM
- Barely in the green for the year at the moment, the S&P 500 could slide 10% between now and October, says the technician, but there's a stealth bear market already happening in the Nasdaq, S&P Mid-Cap, and Russell 2000, and when support breaks (less than another 2%), those indices could see 20-25% declines.
- The situation reminds him of 1994 when the Dow and S&P were in a trading range all year, but things were falling apart underneath the surface.
- Following the washout into October, though, Acampora sees a "very, very strong Q4."
- Nasdaq ETFs: QQQ, PSQ, TQQQ, QID, SQQQ, QLD, QQEW, QQQE, QQXT, TNDQ
- Mid-cap ETFs: MDY, MVV, IJH, VO, EZM, MIDU, RWK, UMDD, IWR, SCHM, DIM, IVOO, MIDZ, MZZ, CZA, FNX, JKG, SMDD, XMLV, MYY, TRNM, EWRM, PXMC
- Russell 2000 ETFs: IWM, TZA, TNA, UWM, URTY, TWM, RWM, SRTY, VTWO, EWRS, TWOK, SMLV
The RBS US Mid Cap TrendpilotTMETNs are designed for investors who seek exposure to the RBS US Mid Cap TrendpilotTM Index (USD) (the “Index”). The Index utilizes a systematic trend-following strategy to provide exposure to either the S&P MidCap 400® Total Return Index (the “Benchmark Index”) or the yield on a hypothetical notional investment in 3-month U.S. Treasury bills (the “Cash Rate”), depending on the relative performance of the Benchmark Index on a simple historical moving average basis. If the level of the Benchmark Index is at or above its historical 200-index business day simple moving average for five consecutive Index business days (i.e., a “positive trend” is established), the Index will track the return on the Benchmark Index, and will have no exposure to the Cash Rate until a negative trend occurs. Conversely, if the level of the Benchmark Index is below such average for five consecutive index business days (i.e., a “negative trend” is established), then the Index will track the Cash Rate instead of the return on the Benchmark Index and will have no exposure to the Benchmark Index until the next positive trend.
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