Donner & Reuschel and Hansainvest launch German ETF share class with Ultumus
Donner & Reuschel acts as custodian and Hansainvest as administrator for one equity ETF; more share classes are planned through 2026, and no fee, index, ticker or asset target is disclosed.
MSCI opens consultation on dropping Indonesia; Jakarta shares fall 16%
Indonesia is less than 0.5% of the iShares MSCI Emerging Markets ETF, yet Jakarta shares fell 16% over two sessions.
Fidelity's FYEE fund reports a 9.1% trailing yield against a 6-8% payout target
Since inception, the fund held an equity beta of roughly 0.79 and captured about 80% to 85% of the S&P 500's cumulative return, according to Fidelity portfolio manager Eric Granat.
American Century runs municipal tax-loss harvesting as yields hit highs
Portfolio manager Joe Gotelli says the firm has been improving income distribution across its municipal portfolios.
Schwab's planned SCIN ETF will charge 0.06%, one basis point below Vanguard's BNDX
The fund is expected to list Oct. 21 and track a dollar-hedged ICE index of non-dollar investment-grade debt, according to ETF Trends.