It's not the first of its kind but the freshly launched Market Vectors Global Spin Off ETF (NYSEARCA:SPUN) could be debuting at just the right time to take advantage of the increasing shareholder interest in capturing the intrinsic value that comes with companies spinning off subsidiaries.
The most notable corporate spinoff is the one coming this summer - eBay's (NASDAQ:EBAY) planned spinoff of PayPal (NASDAQ:PYPL). eBay itself including PayPal has a market cap of around $75B but analysts are already frothing at the idea of PayPal's value as an independent company. Needham & Co. came up with an estimate of around $50B. Carl Icahn and Elon Musk agree that PayPal needs to be spun off with Musk saying that PayPal could be worth as much as $100B. You can see why investors are so interested in PayPal's spinoff.
Click the button below to read the rest of this original article on Seeking Alpha.
ETF Research
We cover ETFs across all sectors, regions and markets. We analyze the portfolios themselves as well as the macro environments that affect them.
Mutual Fund Research
We do mutual fund research too! Although not covered quite as in-depth as the ETF world, we've still profiled many of the big names!
Investing Strategy
Everything from retirement planning to 401(k) investing to options trading strategies and everything in between!
Next Steps...
Got a question? A comment? A fund you want to see profiled? Let us know!
