Wednesday, May 23, 2007
Off The Record
My visit with WisdomTree was off the record so I can't say much about their new Tunisian Fund (JOKE JOKE JOKE, there is no Tunisian fund on the way).
What I can do is forward along the comments left this morning and print the reply but I do not have an expectation to set as far as when I will get a reply.
One thing that came from the meeting is that there is a new ETN benchmarked to the CBOE BuyWrite Index that trades with ticker BWV.
It is a debt instrument of Barclays (client holding) and not an ETF. Chances are this fact will never matter but it is a technicality that anyone buying needs to understand. I am going to do some work on this. I have wanted one of these for ages but we'll have to see whats what.
What I can do is forward along the comments left this morning and print the reply but I do not have an expectation to set as far as when I will get a reply.
One thing that came from the meeting is that there is a new ETN benchmarked to the CBOE BuyWrite Index that trades with ticker BWV.
It is a debt instrument of Barclays (client holding) and not an ETF. Chances are this fact will never matter but it is a technicality that anyone buying needs to understand. I am going to do some work on this. I have wanted one of these for ages but we'll have to see whats what.
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2 comments:
This ETN should behave similarly to BEP (hopefully with lower expenses), shouldn't it?
Mark
BEP trades at a 10% premium to NAV. Overlay BEP to ^BXM on Yahoo.
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