Mission
ETFx Indexes intends to be the alternative indexing company. Our indices are designed and developed specifically for the ETF marketplace. Therein, its purpose is to be the leading provider of innovative products in the index marketplace.
We provide the tools designed
to empower investors to build more effective portfolios for achieving
their financial objectives.
Industry Overview
- Worldwide: 1,173 ETFs with AUM of US $773 billion and growing over 35% per annum
- Over 425 new ETFs launched in 2007 (versus 280 in 2006)
- 500 new ETFs planned in 2008 and currently in registration
- Expectations for legal revisions to securities registration related to ETFs in 2008 so as to allow for actively managed mandates. Ramifications are enormous as ETF industry growth could increase exponentially and create a permanent threat to the mutual fund industry and potentially, the private placement fund industry (hedge funds).
- According to Morgan Stanley’s Deborah Fuhr in her Exchange Traded Funds - Year End 2007 Global Industry Review, “Over 2,200 institutional investors worldwide reported using one or more ETFs listed on exchanges around the world during 2006. Over the past nine years, the number of users has increased 1,242%."
- ETF AUM is estimated by Deb Fuhr in the same report to exceed US$2
trillion in 2011
- Today, there is US$10 trillion in 8,000 Mutual Funds
Product Development Approach
- ETFx endeavors to develop investment tools to build better portfolios
in both new and neglected areas
- Recent efforts included a new approach to EM indexing and the development of a global infrastructure index
- Initially, effort is to bring to market two index families focused on emerging markets and infrastructure in first twelve (12) months
- Future product development in the asset classes and themes of commodities, fixed income, currency and alternative energy among possible others
- Develop portfolios supported by the calculation infrastructure of leading index providers such as Dow Jones and S&P
