ETFNewsSummary, May 2011

New products are still coming into the markets at a rapid pace. ETF Usage Continues to Grow...are making ETFs part of their portfolio strategy, and that’s good news for retail investors. With many innovations, institutional investors are often the first in. Later the retail investors follow. ETFs, however, have shown a slightly different pattern. PowerShares Adds Convertibles ETF to Lineup...the second ETF targeting convertibles.  Convertible securities are bonds that the holder can convert into shares of common stock of the issuer.  This feature tends to make them more correlated than non-convertible bonds to stock market movements. CVRT will try to mimic the performance of the BofA Merrill Lynch All U.S. Convertibles Index Credit Suisse Considers Hedge Fund ETFs...its top ETF executive suggested. Russell Debuts Slew Of Factor ETFs...broadened its ETF footprint considerably on Friday, rolling out a suite of ten factor ETFs offering exposure to large cap and small cap domestic equities. The aggressive expansion comes just over a week after Russell made its long awaited debut in the ETF industry with the launch of six funds offering exposure to investment discipline sub-sets  For further news on ETF´s please click here