Jun 15 2009
Stay Away From IPO’s
IPO’s (Initial public offerings), in case you did not know, are when companies decide to go public. They create an intitial discounted sale price of their stock to the public. This may seem like a good idea to get in on a stock early but it is very risky. In the interest of long term [...]
Jun 5 2008
There Is a Fund That Tracks IPO’s?
- Posted by
Ben Moreno in Investing Online - 0 Comments
First Trust IPOX-100 Index Fund is an ETF that tracks the performance of IPO’s. It is the first fund of it’s kind. It tracks IPO’s for their frist 1000 days of trading and only adds new IPO’s that meet three conditions:
Have a market capitalization of at least $50 million
Float at least 15% of all the [...]