Top ETF Story This Week: Bear's New Active Bond Fund [View article]
Jim Wiandt - Excellent post and of course now I'm wondering what's truly going on? As much as I'm a huge believer in ETFs and am open to learning about anything new, I will not use YYY. I started looking for YYY after you first mentioned that it was on the drawing boards, probably over a year ago. But as it dragged on and iShares introduced SHV, it came off my radar screen.
I had to do a doubletake after CNBC made a big joke on YYY's supposed introduction date as the first "active" ETF and announced it had obviously been shelved due to Bear's problems. Next thing I learn is that YYY actually came to market, more quietly than any ETF introduction I have ever seen. Especially in light of the race for the first "active" ETF.
These are certainly interesting times in our financial markets around the world. For the moment, cash seems to be king. But not in YYY.
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Jim Wiandt - Excellent post and of course now I'm wondering what's truly going on? As much as I'm a huge believer in ETFs and am open to learning about anything new, I will not use YYY. I started looking for YYY after you first mentioned that it was on the drawing boards, probably over a year ago. But as it dragged on and iShares introduced SHV, it came off my radar screen.
Mar 28 23:43 pm
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All Comments by Indexor »Top ETF Story This Week: Bear's New Active Bond Fund [View article]
I had to do a doubletake after CNBC made a big joke on YYY's supposed introduction date as the first "active" ETF and announced it had obviously been shelved due to Bear's problems. Next thing I learn is that YYY actually came to market, more quietly than any ETF introduction I have ever seen. Especially in light of the race for the first "active" ETF.
These are certainly interesting times in our financial markets around the world. For the moment, cash seems to be king. But not in YYY.