Posts for Ticker ‘JRE’

Another Group of ETF’s Bite The Dust (NTRS, AUS, BRU, SNO, FRC, DAX, HKG, IQE, TAV, ITL, TYI, AEX, LIS, SGT, JNB, LDN, MYG, JRE)

Burning_money_pic_4Northern Trust Corp. (NASDAQ: NTRS) has announced today that the group plans to close the Northern Exchange Traded Shares (NETS) used to track single country investments on February 20, 2009.  These funds were launched just last year and the press release said that these had only approximately $33 million in assets.  You can imagine the reasoning.  Market conditions, inability to raise funds or significant interest….

The following NETS trade on NYSE Arca, and February 9, 2009 will be the last trading day of these funds:

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Posted on: January 27, 2009 – 2:19 pm in ETF, Financial Stocks, , , , , , , , , , , , , , , , , ,

ETF Launch: Japanese REIT ETF (NTRS, JRE)

Northern_trust_logoNorthern Trust (NASDAQ: NTRS) has announced the launch today of the first exchange traded fund (ETF) that is dedicated to the Real Estate Investment Trust sector in JAPAN.  The underlying stock holding this REIT ETF will be comprised entirely of the components in the Tokyo Stock Exchange REIT Index. NETS(TM) Tokyo Stock Exchange REIT Index Fund (Japan) now trades on the NYSE under the "JRE" stock ticker. 

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Posted on: September 8, 2008 – 9:54 am in ADR, ETF, REIT, ,