justinslot

Pause For Concern On Chinese Currency ETN

Hey Benicia, is the Everbank account minimum for the renminbi $2500 or $10000? I was looking in their fee schedule and they say the "Special Chinese Renminbi" minimum is $10000 but wasn't sure if that specified some different kind of account from a regular renminbi account (and all their other foreign currency accounts are $2500 minimum.)

Bear Stearns Launches First Ever Active ETF

Remind me again--in a universe where the available data says index funds outperform actively managed funds, why do I want to invest in an actively managed fund, especially one put out by a bankrupt company?