AltaVista adds ETFs to research universe
Specialist Exchange Traded Fund (ETF) research house, AltaVista Research, announced last week it had added eight newly-issued ETFs to its research universe.
The company said the four new funds included Market Vectors funds (MVB, MVA, MVR and MVE), three International funds from State Street Global Advisors (WEMG, WDIV and DJRE) and Vanguard's new Emerging Markets ETF (VGE).
It said the new ETFs on offer were a welcome step forward and were likely to engender more confidence in ETF investment because they created a wider and deeper universe of funds available.
"Advisors are now able to select from a growing number of 'peer' ETFs," the company said.
"There are now three Emerging Markets ETFs, three Domestic Property ETFs and four Resources ETFs to select from."
It claimed that with the new funds available, advisors could deliver better outcomes when delivering ETF cores for clients.
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