Direxion Launches Bull/Bear Junior Gold Miner ETFs (JNUG, JDST)

By: ETFdb
Though the U.S. government has shuttered its doors, the ETF industry has seen plenty of activity this week as ETF issuers continue to fill the product pipelines. Just this week, WisdomTree introduced its Emerging Markets Consumer Growth Fund , which focuses on profitable companies that derive the majority of their revenues from emerging markets. Deutsche Bank also expanded its lineup of currency-hedged ETFs with the launch of three new funds, while RevenueShares debuted a first-to-market “revenue-weighted” dividend ETF. Wrapping up the slew of launches this week, Direxion, one of the largest issuers of leveraged and inverse ETFs, announced the addition of a pair of Bull/Bear ETFs [see The Best Performing ETFs of All Time]. Under the Hood: JNUG & JDST Direxion’s Daily Junior Gold Miners Index Bull 3x Shares and Daily Junior Gold Miners Index Bear 3x Shares both track the Market Vectors Junior Gold Miners Index, which offers exposure to a global universe of small- and mid-cap [...] Click here to read the original article on ETFdb.com. Related Posts: Gold Miner ETFs: Breaking Down All The Options ETF Insider: Best & Worst Weekly Performers August 10th Edition 10 Worst-Performing ETFs In 2012 Ultimate Guide To Van Eck Market Vectors TR Gold Miners (GDX) Gold ETFs In 2012: The Good, The Bad, And The Ugly
Though the U.S. government has shuttered its doors, the ETF industry has seen plenty of activity this week as ETF issuers continue to fill the product pipelines. Just this week, WisdomTree introduced its Emerging Markets Consumer Growth Fund , which focuses on profitable companies that derive the majority of their revenues from emerging markets. Deutsche Bank also expanded its lineup of currency-hedged ETFs with the launch of three new funds, while RevenueShares debuted a first-to-market “revenue-weighted” dividend ETF. Wrapping up the slew of launches this week, Direxion, one of the largest issuers of leveraged and inverse ETFs, announced the addition of a pair of Bull/Bear ETFs [see The Best Performing ETFs of All Time]. Under the Hood: JNUG & JDST Direxion’s Daily Junior Gold Miners Index Bull 3x Shares and Daily Junior Gold Miners Index Bear 3x Shares both track the Market Vectors Junior Gold Miners Index, which offers exposure to a global universe of small- and mid-cap [...]

Click here to read the original article on ETFdb.com.

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