Related Research Articles
Passive management is an investing strategy that tracks a market-weighted index or portfolio. Passive management is most common on the equity market, where index funds track a stock market index, but it is becoming more common in other investment types, including bonds, commodities and hedge funds.
An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold throughout the day on stock exchanges. An ETF holds assets such as stocks, bonds, currencies, and/or commodities such as gold bars, and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs are index funds, that is, they hold the same securities in the same proportions as a certain stock market index or bond market index. The most popular ETFs in the U.S. replicate the S&P 500 Index, the total market index, the NASDAQ-100 index, the price of gold, the "growth" stocks in the Russell 1000 Index, or the index of the largest technology companies. With the exception of non-transparent actively managed ETFs, in most cases, the list of stocks that each ETF owns, as well as their weightings, is posted daily on the website of the issuer. The largest ETFs have annual fees of 0.03% of the amount invested, or even lower, although specialty ETFs can have annual fees well in excess of 1% of the amount invested. These fees are paid to the ETF issuer out of dividends received from the underlying holdings or from selling assets.
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 90% of the total market capitalisation of that index. As of 10 May 2019, the stocks of the Russell 1000 Index had a weighted average market capitalisation of $198.3 billion and a median market capitalisation of $10.5 billion. Components ranged in market capitalisation from $2.4 billion to $974.2 billion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.
The Russell 3000 Index is a capitalization-weighted stock market index, maintained by FTSE Russell, that seeks to be a benchmark of the entire U.S stock market. It measures the performance of the 3,000 largest publicly held companies incorporated in America as measured by total market capitalization, and represents approximately 98% of the American public equity market. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.
Jakarta Stock Exchange (JSX) or in Indonesian Bursa Efek Jakarta (BEJ) was a stock exchange based in Jakarta, Indonesia, before it merged with the Surabaya Stock Exchange to form the Indonesia Stock Exchange.
Indonesia Stock Exchange is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). As of October 2019, the Indonesia Stock Exchange had 656 listed companies. In December 2017, based on Single Identification Number there were 628,346 investors, of which 51.33% were foreign investors and 48.67% domestic investors. In December 2019, the total stock investors were 1.1 million and increase 30 percent from previous year.
State Street Global Advisors (SSGA) is the asset management division of State Street Corporation and the world's third largest asset manager, with nearly $3.05 trillion (USD) in assets under management as of 30 June 2020.
ETF Securities is an asset management firm that issues exchange-traded funds (ETFs) primarily in Australia.
The Jakarta Islamic Index (JII) is a stock market index established on July 3, 2000 on the Indonesia Stock Exchange (IDX) to help facilitate the trading of public companies according to Syariah business code. Following Islamic law prohibits a company from involving itself in activities related to gambling, speculation, and traditional banking and financing. The JII may not list equities that produce or distribute food, drink, or morally harmful items that stand in contradiction with Islamic values.
S&P Dow Jones Indices LLC is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products. The company currently has employees in 15 cities worldwide, including New York, London, Frankfurt, Singapore, Hong Kong, Sydney, Beijing, and Dubai.
A stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current price levels with past prices to calculate market performance. It is computed from the prices of selected stocks.
AdvisorShares Investments is a US-based investment management firm based in Bethesda, Maryland which offers actively managed exchange-traded funds (ETFs) through the AdvisorShares Trust. The firm launched its first active ETF fund in 2009.
United States Commodity Funds LLC (USCF) is a US company based in Oakland, CA, specializing in managing exchange-traded commodity funds, which are often referred to as commodity-based exchange-traded funds (ETFs). USCF was one of the earliest issuers of exchange-traded commodity funds in the United States. It is best known for launching in 2006 the first crude oil based exchange traded commodity fund in the United States, United States Oil Fund, LP, as well as launching in 2007 the first natural gas exchange traded commodity fund, United States Natural Gas Fund, LP. USO and UNG are two of the most actively traded ETFs in the United States. As of June 30, 2016, USCF managed eleven different exchange traded commodity funds with total assets of approximately $5 billion.
Turquoise Partners is an international financial services group based in Iran which was established in 2005 by a group of Iranian businessmen. Its activities include providing a wide range of financial services to foreign and domestic clients. The company is considered a pioneer in terms of managing foreign assets on the Tehran Stock Exchange. Turquoise manages around 90% of all foreign portfolio investment in Iran's capital market.
ASEAN Exchanges is a collaboration of the 7 exchanges from Malaysia, Vietnam, Indonesia, Philippines, Thailand and Singapore to promote the growth of the ASEAN capital market by bringing more ASEAN investment opportunities to more investors.
WisdomTree Investments, Inc. is a New York-based exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.
NEO Exchange is a Canadian stock exchange based in Toronto. Marketed as Canada's New Stock Exchange, NEO aims to help companies, dealers and investors by creating a better listing experience, eliminating predatory market behaviours such as high-frequency trading, implementing a unique market making program to ensure liquidity, and offering free real-time market data for all NEO-listed securities.