Tag Archives: CSD

Spinoff Odds & Ends: European Spinoffs and Spinoff ETF Performance

The year is coming to an end and it’s really cold outside. Warm up and start your weekend with a few spinoff related links: The always excellent Value and Opportunity took a close look at the recent spinoff of Italian gas distributor Italgas (IG.MI) from SNAM spa (SNMRF). In his opinion, although there is real risk in the name,… Read More »

How About The Guggenheim Spin-Off ETF?

We were pleased (and a bit embarrassed) to recently discover the Guggenheim Spin-Off ETF(CSD).  The index, which tracks the Beacon Spin-Off Index, owns 40 stocks, with more than half of its assets in 10 stocks. The index is rebalanced yearly, though rebalances may be postponed if there are insufficient assets.  Companies eligible for inclusion are companies that were… Read More »