Category: Market News

China ETFs are playing pivotal roles in this year’s emerging markets resurgence. One of those funds is the WisdomTree ICBCCS S&P China 500 Fund (WCHN n/a), which is higher by more than 21%. The ICBCCS S&P China 500 Fund tries to reflect the performance of the S&P China 500 Index, a group of 500 of the largest, most liquid Chinese companies by market capitalization and one of the only broad-based indices with exposure to all Chinese equity share classes, listed both in mainland China and internationally. Due to its more…

The latest Morningstar Direct Flows Commentary showed that long-term fund flows during the month of February saw their best month since January 2018 with a capital influx of $53.5 billion. U.S. equities are off to a strong start year-to-date in 2019, but it was taxable-bond and municipal-bond funds receiving a large portion at $37.3 billion and $11.2 billion, respectively. Municipal bond funds, in particular, notched their best inflows since 2009. “With the Fed signaling a pause in rate increases, bond investors decided it’s safe to go back into the water,”…

The 30-year fixed-rate mortgage averaged 4.28% in the March 21 week, mortgage guarantor Freddie Mac said Thursday. That was down 3 basis points during the week and a 13-month low for the popular product, which has managed a weekly gain only twice during 2019. The 15-year adjustable-rate mortgage averaged 3.71%, down from 3.76%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.84%, unchanged during the week. Fixed-rate mortgages follow the benchmark U.S. 10-year Treasury noteTMUBMUSD10Y, +0.35%  , although they move with a bit of a lag. Investors have been piling into bonds over the past…

In the late stage of the economy cycle, investors still want to be in the markets but want to hedge their bets. One way to still play the game but remain defensive is through a smart beta exchange traded fund strategy. Source link