ETF Of The Week: Indian Premiums & Returns

If you’ve checked out our performance widget lately, you’ve probably noticed something strange: The Market Vectors-Indian Rupee/USD ETN (INR), a tiny exchange-traded note with barely $1 million invested, has been burning up the leaderboard. Over the past month alone, it’s returned 97.3%:   Source: ETF.com; data as of Sept. 26, 2019   This outperformance seems to fly in the face of common sense, given that the note, which tracks the spot exchange rate between the U.S. dollar and Indian rupees, should be reflecting a much more modest rise. Since Aug. 26,…

5 Things Advisors Don’t Understand

While at Wealth/Stack 2019, we asked a number of financial advisors the same question: What is one thing about your business you don’t feel the industry pays enough attention to? The answers varied widely. Respondents hailed from around the country (and some even outside the U.S.), with assets under management ranging from less than $1 million to $600 million. Some were decades-old asset management stalwarts, while others were just starting out with a Netflix-style subscription model for financial advice. Here are some of the best answers.   ESG Investing Can…

ETF Of The Week: Riding Crude’s Rise

What is the best ETF play for commodity exposure? It is a question we have gotten a lot over the years, and the truth is, for any given hard asset, there are compelling reasons to use either futures- or equities-based ETFs, depending on what you are trying to do (read: “Live Chat: ETF Tactical Tools & Finding Growth“). That said, to take advantage of short-term pops in underlying commodity prices, stock ETFs are often a better source of immediate return than futures-based ones (read: “Equity-Based Commodities: Better Than Futures?“). We…

Financial Advice Across Borders | ETF.com

Terry RitchiePartnerCardinal Point Wealth Matt CavalhoCIOCardinal Point Wealth             Globalization is no longer a buzzword but a fact of life. More people than ever before live in one country and work, retire—or invest—in another. But taking one’s finances over the border isn’t easy. Between immigration law, differing tax regimes and uneven access to social programs like universal health care or Social Security, it can become incredibly complex to reconcile the finances of someone living in two countries (or more). Enter Cardinal Point Wealth. With offices…

Demand Hot For iShares ESG Funds

The iShares ESG MSCI U.S.A. ETF (ESGU) just became the latest environmental, social and governance (ESG) ETF to break $1 billion in assets under management (AUM). Month to date, ESGU has taken in $700 million, pushing the formerly average-sized fund from $296 million in AUM to $1.01 billion. On Sept. 10, the fund brought in $498 million alone, its largest one-day flow ever:   Source: ETF.com data. Data as of Sept. 12, 2019.   ESGU’s inflows place it in a billion-dollar category that counts only four other socially responsible ETFs…