NYSE Euronext (NYX) announced today that FocusShares, LLC, has launched 15 new exchange traded funds (ETFs) on NYSE Arca. FocusTM Morningstar ETFs are benchmarked to indexes licensed from Morningstar, Inc., and are the first investment products sponsored by FocusShares since being acquired by Scottrade Financial Services, Inc., in 2010.
"We are pleased that FocusShares selected our platform to bring their new ETFs to market,” said Laura Morrison, head of NYSE Euronext U.S. ETP listing and trading. “We believe their listing choice underscores the value of the consultative services, market structure and technology that NYSE Arca provides its issuers and the ETF marketplace.”
“This is a great time to launch a new family of ETFs, particularly with the growing demand for ETFs, which hit a record $1 trillion in assets within the past few months,” said Erik Liik, President of FocusShares. “We are proud to list on NYSE Arca today to provide retail and institutional investors as well as financial advisors with low-cost funds based on reliable Morningstar® Indexes that will help them meet their individual investment goals and objectives.”
Each of the 15 FocusTM Morningstar ETFs will track the performance of various U.S. equities investment sectors and asset classes including small-caps, basic materials, health care, utilities, and financial services.
Names and symbols of the 15 FocusTM Morningstar ETFs Launched on NYSE Arca today:
FocusTM Morningstar US Market Index ETF (NYSE Arca: FMU)
FocusTM Morningstar Large Cap Index ETF (NYSE Arca: FLG)
FocusTM Morningstar Mid Cap Index ETF (NYSE Arca: FMM)
FocusTM Morningstar Small CapIndex ETF (NYSE Arca: FOS)
FocusTM Morningstar Basic MaterialsIndex ETF (NYSE Arca: FBM)
FocusTM Morningstar Communication Services Index ETF (NYSE Arca: FCQ)
FocusTM Morningstar Consumer Cyclical Index ETF (NYSE Arca: FCL)
FocusTM Morningstar Consumer Defensive Index ETF (NYSE Arca: FCD)
FocusTM Morningstar Energy Index ETF (NYSE Arca: FEG)
FocusTM Morningstar Financial Services Index ETF (NYSE Arca: FFL)
FocusTM Morningstar Health Care Index ETF (NYSE Arca: FHC)
FocusTM Morningstar Industrials Index ETF (NYSE Arca: FIL)
FocusTM Morningstar Real Estate Index ETF (NYSE Arca: FRL)
FocusTM Morningstar Technology Index ETF (NYSE Arca: FTQ)
FocusTM Morningstar Utilities Index ETF (NYSE Arca: FUI)
For more information on the 15 FocusTM Morningstar ETFs, visit www.focusshares.com.