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Financial Advisory
Wireless Charging / Inductive Charging and Identify Investment Opportunities via its Supply Chain
Since I was a high school student, I have been awed to learn Faraday's law of electromagnetic induction. He made the discovery in 1831, which is illustrated with the below graph that movement of the magnet can induce current. This great discovery leads to the invention of AC generator when Nicola Tesla realized his dream of Niagra … Continue reading Wireless Charging / Inductive Charging and Identify Investment Opportunities via its Supply Chain
Alerian MLP ETF(AMLP) and First Trust Natural Gas ETF(FCG)
Both Alerian MLP ETF(AMLP) and First Trust Natural Gas ETF(FCG) have had their glorious heights. AMLP still claim $8.82 Billion Asset under Management (AuM) whereas FCG's AuM has since dropped from a near $1 Billion to now $151.8 Million as of today (March 31, 2018). It is not surprising to understand FCG's demise since it's peak … Continue reading Alerian MLP ETF(AMLP) and First Trust Natural Gas ETF(FCG)
AdvisorShares Meidell Tactical Advantage ETF(MATH) – A Closing ETF
A good friend prompted me to look into this fund - AdvisorShares Meidell Tactical Advantage ETF(MATH), and I was surprised to see it is set to be closed in three days - March 29, 2018. It is commonly understandable and acceptable that ETFs, similar to stocks in the sense of highly regulated by the SEC to … Continue reading AdvisorShares Meidell Tactical Advantage ETF(MATH) – A Closing ETF
Liquidy Mismatch Between the Corporate Bond ETFs and the Underlying Securities Can Cause Mispricing
ETF gains tremendous favor from investors because of its liquid tradability much-resembling stock exchanging. However, there is a fundamental difference between the two with respect to the trading mechanism. The stock issuer is a company and the number of shares outstanding is very restricted in the time of IPO or subsequent times of issues; but for ETF, there … Continue reading Liquidy Mismatch Between the Corporate Bond ETFs and the Underlying Securities Can Cause Mispricing
Index Arbitrage Strategy Works Well with Fast-Growing ETFs
Thor McLaughlin detailed an easy to exploit ETF arbitrage opportunity in his paper - Eyes Wide Shut: Exchange Traded Funds, Index Arbitrage, And The Need for Change - The opportunity lies in the fundamental mechanism of those ETFs tracking indexes, of which the criteria for enlisting and delisting is clear and transparent, and usually required … Continue reading Index Arbitrage Strategy Works Well with Fast-Growing ETFs
Testing Equity Factors in Chinese Stock Market
China's economy has been growing at an astonishing speed in the last 30 some years, intriguing investors to get a share of return from this upward market by employing the quantitative equity factors proved to be working effectively in the U.S. stock market. Before jumping into the water unfathomed, it's always wise to conduct your … Continue reading Testing Equity Factors in Chinese Stock Market
Naixian Zhang 