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New Interesting ETF - Arrow Dow Jones Global Yield (GYLD)

Arrow Dow Jones Global Yield ETF (GYLD) Info:

http://arrowshares.com/default.aspx?menuitemid=120&menugroup=Literature

Fact Sheet:

http://www.arrowshares.com/files/DDF/GYLD_Fact_Sheet_Q1_2012.pdf

Equally weighted to 5 sub-indexes with 20% allocation to each:

Global Alternative*
Global Corporate Debt
Global Equity
Global Real Estate
Global Sovereign Debt

* Global Alternative includes Energy-related Preferred Stock, MLPs and Canadian Royalty Trusts.

Rebalanced quarterly

7.43% Composite Yield

Comments

  • Kenster, thanks for posting this information. This looks like an interesting ETF and seems to offer a well rounded alternative. It has a sense of global PRPFX about it, but with an attractive yield which has an appeal all its own.

    It’s so interesting how the investment landscape has changed. I’m not sure I love the idea of fixed percentages to each asset class as opposed to active management between the classes depending on market conditions, but there are concerns either way.

    The ETF is so new that there is no real history to review but back testing the components offers the following returns according to www.djindexes.com/globalcompositeyield/?go=literature

    YTD: 12.09%
    3 Year: 28.96%
    5 Year: 10.76%

    I’m not sure if the actual returns in the years ahead will be the same, but an interesting investment in any case. Thanks again for posting this.

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