Thattends Kansas City Royals to be a positive Canadian dollar environment
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Thattends outline baseball tickets to be details a positive Canadian dollar environment," saidWatt. Oil CLc1, a key Canadian export, rose above $71 a barrelon Friday, in part, after reports of a Nigerian attack in aRoyal Dutch Shell (RDSa.L) oilfield. [ID:nSIN249975] A weaker greenback and global equity markets alsounderpinned strength in the Canadian currency [FRX/][MKTS/GLOB] However, U.S stock index futures pointed to a weak open onprofit taking. [ID:nN26316997] The firmness comes after the Canadian dollar fell againstthe U.S. dollar on Thursday, at one point touching its lowestlevel since mid-May. Canadian bond prices were mostly lower across the curve,mimicking its U.S.
counterparts with treasury prices down asinvestors booked profits and eyed inflation and consumer datalater in the session cubs rooftop . [ID:nLQ075618] (Reporting by Jennifer Kwan; Editing by Theodore d'Afflisio) Currencies Bonds . The First Community Bank ETFWHEATON, Ill.--(Business Wire)--First Trust Advisors L.P . ("First Trust") today announced the anticipated launchof the First Trust NASDAQ ABA Community Bank Index Fund . This new community bankexchange-traded fund (ETF) is anticipated to begin trading on July 1st on theNASDAQ under the ticker symbol (NASDAQ:QABA) First Trust will be the investmentadvisor for the ETF. "First Trust is pleased to introduce this new ETF that tracks NASDAQ listedcommunity banks," said Robert Carey, CFA, and Chief Investment Officer of FirstTrust. "There has been little distinction made between the stress-tested megabanks andthe nearly 8,000 community banks throughout the country," he continued.
"Becausethese banks tend to practice more conservative banking strategies and havetended to stay away from subprime lending and exotic financial instruments, theyhave recently shown higher capital levels and healthier balance sheets ascompared to larger financial institutions kansas city royals . Investors who want to take advantageof the financial sector as a market recovery takes hold may find community banksan attractive place to start," Mr Carey said . The First Trust NASDAQ ABA Community Bank Index Fund will seek investmentresults that correspond generally to the price and yield (before the fund`s feesand expenses) of the NASDAQ OMX ABA Community Bank IndexSM (NASDAQ:ABQI), amarket capitalization weighted index . About the NASDAQ OMX ABA Community Bank IndexSMThe NASDAQ OMX ABA Community Bank IndexSM (the "Index") is jointly owned and wasdeveloped by NASDAQ OMX and the American Bankers Association . The Index isrebalanced quarterly and reconstituted semi-annually The Index is calculatedand maintained by NASDAQ OMX. For purposes of the Index, a "community bank" isconsidered to be all U.S.
banks and thrifts or their holding companies listed onNASDAQ, excluding the 50 largest U.S banks by asset size kansas city t bones . Also excluded arebanks that have an international specialization and those banks that have acredit-card specialization, as screened by the American Bankers Associationbased on the most recent data from the Federal Deposit Insurance Corporation . Asecurity must also have a market capitalization of at least $200 million and athree-month average daily dollar trading volume of at least $500 thousand andmust meet certain operating history, solvency, and financial statementrequirements . As of June 8, 2009, there were 96 securities that comprised theIndex .


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