The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content



New IPO fund taps Twitter excitement

The hype surrounding Twitter Inc.’s upcoming initial public offering is no doubt renewing interest in IPOs – especially now that Facebook Inc. is trading well above its starting price, easing bad memories of an early stumble.

But if the risks of buying a hot new stock are too much for you, perhaps the solution is to buy a basket of hot new stocks. Renaissance Capital launched its Renaissance IPO exchange-traded fund on Wednesday, debuting in New York with the ticker symbol IPO – adding to an investment trend.