12.08.2013 - ETF deathwatch for August 2013
Eight new names joined the list while thirteen came off. The count for August stands at 326, consisting of 218 ETFs and 108 ETNs. The average product on the list is 37 months old and has $6.2 million in assets. However, 73 have surpassed five years of age and an incredible 57 (not including those less than six months of age) continue to struggle along with less than $2 million in assets. Some of the products joining the list this month showed great potential when they were launched, such as ETRACS Oil Futures Contango ETN (OILZ) that debuted in June of 2011...............................................Full Article: Source
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