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Global X Plans Super Dividend U.S. ETF, Van Eck Files For Defaulted Bond Fund

Friday, November 9, 2012 15:50
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Volatility levels are through the roof once more on Wall Street as investors have digested one major development after another this week. Post-election profit-taking pressures swooped in without warning as many pulled out of equity markets with the looming fiscal cliff now in clear sight. Worries over Europe’s debt-burden have also permeated headlines once again, prompting a “risk off” trade in a number of overseas markets as well as at home. Amid the price swings, newcomer Pyxis entered the ETF arena with its Senior Loan ETF, which offers exposure to secured, floating-rate, high yield corporate debt [see Free Report: How To Pick The Right ETF Every Time].  Global X filed for an intriguing dividend-focused ETF that looks to be a U.S.-only version of its existing SuperDividend ETF (SDIV): Global X SuperDividend U.S. ETF (DIV): According to the SEC filing, this ETF will look to track the yield and price performance of [...]

Click here to read the original article on ETFdb.com.

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