MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 16, 2011 Van Eck Preps to Launch its 36th ETF Fundsters interested in the real estate side of fixed income investing may want to take a look at Van Eck Global's [see profile] newest exchange-traded fund. Tomorrow the New York-based mutual fund firm will launch the Market Vector Mortgage REIT Income ETF (MORT) on the NYSE Arca [see prospectus]. The new ETF will track the Market Vectors Mortgage REITs Index and cost 40 basis points. Hao-Hung (Peter) Liao and George Cao will PM it. Van Eck itself will handle administration and distribution for the new ETF, while Bank of New York Mellon will serve as custodian and transfer agent. According to Van Eck, the new ETF is its 10th fixed income ETF and its 36th ETF. Printed from: MFWire.com/story.asp?s=37589 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |