Category Archives: ETF Related

Today is the 10 year anniversary of the First Trust U.S. IPO ETF (FPX)

At Endowment Wealth Management we have been recommending and using the above ETF since inception within our Private Equity and Risk Managed Models. We use this ETF as a proxy for public private equity, as these are considered newly listed. We are pleased with this ETF completing it's 10 year of existence. Moreover, the performance over that time period has been impressive as well. The IPOX 100 U.S. Index (that underlies this ETF) currently pools a total market capitalization of approximately ...

Read More

Endowment Index™ Ends Week At New Closing High

Post On May 15, 2015 by

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) reached an all-time closing high of 1,106.96 for the week ended Friday May 15, 2015, rising from a closing index value of 1,098.91 on 5/8/2015. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy.  The Endowment Index™ measures performance for a...

Read More

How To Invest Like The Ivy League Endowments with ETFs

Seeking Alpha published an article by Prateek Mehrotra outlining how ETFs can help investors build institutional quality portfolios diversified into liquid alternative investments designed to improve long-term risk adjusted returns. The article summary The country’s largest endowments aim to preserve capital while producing income and appreciation with less correlation to the stock market regardless of market conditions. Performance among Ivy League endowments and retirement plans that inve...

Read More

IPOX-linke​d U.S. IPO ETF (FPX) set to benefit as Facebook surges after earnings – Now matches Google post-IPO !!!

Post On July 24, 2014 by

Facebook stock gained +5.51% to USD 75.22 in after-hours trading, a new post- IPO high. An investment product set to benefit from Facebook’s surge is the USDm 487 First Trust U.S. IPO Fund (ticker: FPX), a five-star (3/5 years) fund. Linked to the IPOX U.S. 100 (IPXO) and launched in April 2006, the fund invests in the largest 100 U.S. domiciled IPOs and Spin-Offs using the IPOX Index technology, providing an asset allocation focused approach to the “going public” effect in respectiv...

Read More