Comparing Credit Suisse's Merger Arbitrage Strategy ETN to Contemporaries

Michael Johnston submits:Credit Suisse announced the launch of its fourth ETN today, rolling out a product offering leveraged exposure to a merger arbitrage strategy. The 2x Monthly Leveraged Credit Suisse Merger Arbitrage Liquid Index ETN (CSMB) will be linked to an index consisting of stocks that are proposed takeover targets, delivering 2x leveraged exposure on a monthly basis.

Michael Johnston submits:Credit Suisse rolled out the latest addition to its ETN lineup on Monday, launching the Credit Suisse Merger Arbitrage Liquid Index (CSMA). The exchange-traded note will be linked to an index designed to employ a merger arbitrage strategy by using a quantitative methodology to track a dynamic basket of securities held as long or short positions to reflect publicly announced merger transactions.

Ron Rowland submits:Credit Suisse Merger Arbitrage Liquid Index ETN (CSMA) began trading October 4, 2010. These ETNs are senior unsecured debt designed to provide investors with the returns of the Credit Suisse Merger Arbitrage Liquid Index.

Ron Rowland submits:If Credit Suisse Merger Arbitrage Liquid Index ETN (CSMA) is just not aggressive enough for your tastes, you’re in luck. Now you can buy 2x Monthly Leveraged Credit Suisse Merger Arbitrage Liquid Index ETN (CSMB), which began trading on Tuesday (3/8/11).

greg group submits: The ETF industry continues to innovate as IndexIQ, a leading developer of index-based alternative investment solutions, has introduced the first merger arbitrage Exchange-Traded Fund designed to give investors exposure to global corporate merger & acquisition activity which is rapidly increasing.

Ron Rowland submits:

By Dan Pritch: by JT The deals space is heating up – one analyst says to expect a $20 billion merger in 2013 – as companies think about how to use cash balances and low interest rates to their advantage. For investors, the question is-- how can one use this knowledge to make a profit?

Michael Johnston submits:UBS became the latest issuer to introduce a product linked to a VIX-related index on Wednesday, launching the E-TRACS Daily Long-Short VIX ETN (XVIX). The new exchange-traded note, which is linked to the S&P 500 VIX Futures Term-Structure Index Excess Return, is the first U.S.-listed ETP to offer investors exposure to a strategy that includes both long and short exposure to VIX benchmarks.