% | $
Quotes you view appear here for quick access.

Kinder Morgan Energy Partners Message Board

  • datamatters2003 datamatters2003 Dec 30, 2011 1:58 PM Flag

    KMP & KMR should benefit from new ETF, everything else equal

    Medium- and long-term prospects for Kinder Morgan and other MLPs are likely improved, everything else equal, by the news of a new ETF being formed. Here is an excerpt of the news from ETF Trends, as published yesterday through Yahoo Finance's website:
    "According to a recent Securities and Exchange Commission exemptive relief filing , Exchange Traded Concepts will help money managers Yorkville ETF Advisors market the new Yorkville High Income MLP ETF . The new fund will invest in MLPs engaged in oil exploration and production, natural gas exploration and production; the sale, marketing, extraction and transportation of other resources."
    This should increase demand, everything else equal, for KMR, KMP, and other master limited partnership securities.

    Happy new year,

    SortNewest  |  Oldest  |  Most Replied Expand all replies