LISLE, Ill.----First Trust Exchange-Traded Fund , an open-end management investment company currently consisting of 17 exchange-traded funds, announced regular quarterly and semi-annual distributions today for 14 exchange-traded funds in the Trust.
You turn on the faucet, and-voila-you have a drink of water! Those of us who come from western nations tend to take water for granted. However, after a few years in Israel, we appreciate the fact that whatever water we receive is a gift. The media is filled with reports about how the world is running low on crude oil, but not too much attention is paid to the growing water crisis.
For those of you that have been reading the Smug Investments blog, Smugly Green, you will be familiar with our total green portfolio concept. For non readers, the ever expanding universe of green, light green, and responsible ETFs are making it possible to start thinking out of the box when creating your green portfolio. In order to do it right and be properly diversified, the notion of green may have to be stretched, but it's well worth the effort to create a more fully sustainable investment portfolio that doesn't necessarily sacrifice performance.
The fact that we are unlikely to see a definitive recession won't please the doomsayers in the media. It certainly won't cheer up the "trolls" who pound the blogosphere with brimstone.
Ever since Powershares first introduced the PowerShares Water Resources Portfolio(PHO), other sponsors have endeavored to capitalize on investor interest. Claymore served up the Claymore S&P Global Water Index Fund(CGW) in an effort to capture the demand for water services worldwide. Meanwhile, First Trust staked out territory with the First Trust ISE Water Index Fund(FIW), attempting to further the idea that drinking water and waste services are growing rapidly.
Yet the more that you read about H-2-O, the more that you hear
different reasons for investing in it....
Nick Leeson step aside. The new all-time biggest rogue trader, responsible for Société Générale's (SCGLY.PK) ?3.6 billion ($7.2B) trading loss, is 31-year-old banker Jerome Kerviel, who joined the bank in 2000.
Apple slashes iPhone projections. Slow iPhone sales in Europe have forced Apple (AAPL) to slash FQ2 projected shipments to 1 to 1.2 million units from a previous 2 million, Taiwanese component suppliers say.
I read a very thorough article about the water theme and water ETFs on Seeking Alpha over the weekend, and I was reminded how bleak the numbers surrounding potable water are, and how compelling the theme is. I have owned PowerShares Water Resources ETF (PHO) since its second or third day of trading, and while I have thought a better mousetrap will come at some point, the actual theme will be a part of the portfolios I manage for a long time...
To start with, I want to say that
I own the PowerShares Water Resources Portfolio ETF (PHO). In this post
I will explain why I invest in water and why PHO is my security of
choice. The links for all sources noted are at the bottom of this post
and should provide a bit of a linkfest for those looking to do further
research.
Water is, of course, a necessity. It is a fundamental need to
sustain all life on this planet. The earth is 70.8% covered by water on
its surface. Only about 2.5% of that is fresh water, 68.7% of which is
currently in...
Shares in UK water utility Kelda Group jumped 17% in London trading Thursday after the company said it had received a £3 billion ($6.18 billion) buyout offer from a consortium including Citigroup (C) and HSBC (HBC). Water utilities provide "safe, steady, regulated returns," Pali analyst Angelos Anastasiou said. "There are people there who are totally willing to pay the premiums." He said the bid may boost share prices for other water companies: "It looks good for the sector," he said. "You'd be mad to go against the trend." Last month J.P. Morgan Chase (JPM) and a group of investors agreed...
It's when the press starts to pay attention to a previously
mundane and undercovered topic that the smart money gets into a sector.
I've been fortunate enough to catch this with everything from (CROX) and
hot Chinese holdings (FMCN), (BIDU) and (CHL) to (GOOG) shortly after its IPO.
Conversely, I missed it with Apple (AAPL) and Amazon (AMZN) following even the best
of buying opportunities. Such is the investor's dichotomy.
Tonight,
I was listening to a fav, "Bloomberg on the Economy", on Sirius and they
featured a special guest espousing his views on the current water
shortage and the impending crises to come worldwide....
WUXI , Jiangsu Province , China , July 30 / Xinhua - PRNewswire - FirstCall / - - China Wind Systems , Inc . ( OTC Bulletin Board : CWSI ) ( " China Wind Systems " or the " Company " ) , which ...
WUXI , Jiangsu Province , China , July 30 , 2008 / Xinhua - PRNewswire - FirstCall via COMTEX / - - China Wind Systems , Inc . ( CWSI :, , ).FAN is the first exchange - traded fund ( ETF ) to ...
There was an interesting ETF launched today on the NYSE Euronext as a Wind Energy ETF.The First Trust ISE Global Wind Energy ETF ( NYSE Arca : FAN ) launched today.This index has a criteria based ...
First Trust Advisors LP will create the First Trust ISE Global Wind Energy Index Fund , a wind energy exchange - traded fund ( ETF ).The fund will begin trading on the New York Stock Exchange ...
