THE WisdomTree BLOG
A measure of the relationship between active share and fees is the hurdle rate, the amount that active selections have to outperform to cover the MER. If you think about it, this is what really matters in picking a fund or ETF. How do you think about performance?
What investor in their right mind would use “haven” in the same sentence as “China?” We would, in the right context. China could be a haven, at least relative to other emerging markets, especially if the market’s focus shifts from trade wars to tax reform.
There was little surprise in the Bank of Canada’s October 24 decision to raise its overnight interest rate a quarter point to 1.75%. Interestingly, though, the stop-start hiking program by BoC governor Stephen Poloz reinforces what we have been saying for some time: even with this tepid pace of interest rate increases, Canada is still Number Two on the “hawkishness” rankings of developed central banks.
Barring a comeuppance in the capital markets, 2018 looks ready to continue setting ETF industry records. WisdomTree has been fortunate to have participated in this growth, with assets under management 169% higher in September from the same time last yearTweets: