NEW YORK, Oct. 1, 2007 –NYSE Euronext (NYSE Euronext: NYX) today announced that five TDAX Independence ETFs listed and began trading on NYSE Arca. Designed to track the performance of the Zacks Lifecycle Indexes, which are indexes designed to draw exposure from three broad asset classes: international equities, domestic equities, and fixed income, these ETFs will be reconstituted and rebalanced annually, or quarterly when necessary, based on the Zacks methodology.
“NYSE Arca welcomes these five innovative TDAX Independence ETFs, the first to offer investors a systematically managed position in a multi-asset target-date exchange-traded fund,” said NYSE Group Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer. "Tracking the performance of the Zacks Lifecycle Indexes, the TDAX Independence ETFs provide a mix of components and assets that change to reflect the holder's proximity to a target date. These products provide an investment solution, all in one ETF and a truly ground-breaking approach to managing your financial future."
Including today’s listings, NYSE Group markets have 219 primary ETF listings and trade all other eligible ETFs on a UTP basis. In first half of 2007, NYSE Group handled 43% of all ETF shares traded in the
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on
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