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TIP iShares TIPS Bond

108.36
0.00 (0.00%)
Pre Market
Last Updated: 09:00:00
Delayed by 15 minutes
Name Symbol Market Type
iShares TIPS Bond AMEX:TIP AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 108.36 0 09:00:00

XTF Enhances Country Rotation and Fixed Income ETF Portfolios

15/01/2008 1:56pm

PR Newswire (US)


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Adds Seven New Countries to Rotation Portfolio, Adds Fixed Income Asset Classes NEW YORK, Jan. 15 /PRNewswire/ -- XTF Global Asset Management, an asset manager that builds and manages portfolios of ETFs, today announced that it has added seven new country-focused ETFs to its country rotation portfolio. XTF also announced that it has enhanced its fixed-income ETF portfolio by adding several fixed income asset classes. These product enhancements are designed to leverage the diversity and appeal of new ETFs that came to market in 2007. The seven new country ETFs increase XTF's Country Rotation Portfolio's (CRP) exposure to emerging markets. New countries include: Spain, Mexico, Sweden, South Korea, Malaysia, China and Taiwan. The CRP now can invest in up to 20 ETFs that each track the economies of foreign countries. Previously, CRP invested in up to 13 countries, including: The Netherlands, Germany, France, Switzerland, Italy, United Kingdom, Belgium, Australia, Singapore, Hong Kong, Japan, Canada and South Africa. "We've been tracking these seven countries' financial and economic data over the past year and determined that it is now appropriate to add them to our portfolio," said Jeff Buetow, XTF's chief investment officer. "We initially limited the CRP to developed markets to take advantage of the safety of their long track records as well as the sound structural characteristics of the corresponding ETFs. Now that emerging market ETFs have become far more attractive from an investment perspective, we believe it's the right time to provide emerging market exposure as part of a well diversified portfolio." Since its January 2007 inception, the CRP has outperformed its benchmark index, the Country Rotation Composite Index, by nearly 200 basis points. Part of its success is due to XTF's model-driven investment approach, which actively manages exposure to foreign equity markets. The model tracks foreign equity market economies, fundamentals, risk and technical factors, generating buy or sell signals for each country. The CRP's performance to date validates this approach. The CRP is designed to take advantage of changes in the risk and the appreciation potential of the individual countries it follows. XTF models each country independently, and compares its risk/reward profile to an equivalent investment in intermediate-term U.S. Treasuries. If the country profile is favorable versus U.S. Treasury yields, XTF invests in the country. Alternatively, if Treasuries are more favorable, XTF invests in the Treasuries. Each country in the CRP is equally weighted at five percent of the overall portfolio. XTF uses a binary investment strategy, and makes an "all or none" decision to invest in each country. "The Country Rotation Portfolio is designed to function as an enhancement to investors' core portfolio. By taking a broad, long-term view of international equities, CRP also is a strategy that investors can deploy to mitigate against short-term volatility in their portfolios," said Tom Scuccimarra, XTF's head of sales and distribution. "By moving into fixed income ETFs, we can hedge against potential downturns in the foreign equity markets, stabilizing investor portfolios further." Below are the ETFs that XTF has recently added to its fixed-income portfolio: TICK DESCRIPTION SHY iShares Lehman 1-3 Yr Treasuries IEF iShares Lehman 7-10 Yr Treasuries TLT iShares Lehman 20+ Yr Treasuries CSJ iShares Lehman 1-3 Yr Credit CIU iShares Lehman Intermediate Credit TIP iShares Lehman US TIPS JNK iShares Lehman High Yield MBB iShares Lehman MBS Fixed-Rate BWX iShares Lehman International Treasury PCY PowerShares Emerging Markets Sovereign Debt About XTF Global Asset Management XTF Global Asset Management, LLC, is dedicated to bringing the benefits and efficiencies of exchange traded funds (ETFs) to investors through its broad range of investment products and services. The company, based on Wall Street and founded in 2000, builds model-driven ETF portfolios designed to consistently produce strong risk-adjusted returns that out perform their benchmarks. Through its proprietary quantitative investment discipline, its in-depth ETF research, and its ability to customize its products for the needs of clients and partners, XTF has taken on a proven leadership role as an ETF solutions provider. XTF firmly believes that educating investors about the potential of ETFs and providing access to low-cost ETF-based products will ultimately help investors define and achieve their long-term financial goals. To this end, the company provides an ETF Rating Service that allows advisors and individual investors alike make more educated decisions when choosing ETFs or portfolios of ETFs for investment. More information can be found at http://www.xtf.com/. An investor should consider the Fund's investment objective, risks, charges, and expenses carefully before investing. This and other information about the Funds is contained in the fund's prospectus, which can be obtained by calling 1-866-XTF-ETFS (983-3837). Please read the prospectus carefully before investing. The fund is distributed by Aquarius Fund Distributors, LLC, member FINRA/SIPC. Not FDIC Insured * May Lose Value * Not Bank Guaranteed 035-AFD-1/10/2008 Contact: David Kaiyalethe/Kristina Ferrari Dukas Public Relations (212) 704-7385 DATASOURCE: XTF Global Asset Management CONTACT: David Kaiyalethe, , or Kristina Ferrari, , both of Dukas Public Relations for XTF Global Asset Management, +1-212-704-7385 Web site: http://www.xtf.com/

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