Wikinvest Wire

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.

2 comments:

mark.l.hartman said...

This ETN should behave similarly to BEP (hopefully with lower expenses), shouldn't it?

Mark

Roger Nusbaum said...

BEP trades at a 10% premium to NAV. Overlay BEP to ^BXM on Yahoo.

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