Expert: Paul Henneman - 5/29/2008

Question
QUESTION: Do ETFs (electronic transfer funds) have options?

ANSWER: Frankie,
   The simple answer to your question is yes. Here is a link with a little more information on ETF options:

http://finance.yahoo.com/etf/education/08

I hope that this helps, please do not hesitate to follow up with me if I  can be of any additional service,

Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com


---------- FOLLOW-UP ----------

QUESTION: Do ETFs go up or down in value according to the assets they track? For example, would the Japensese Yen ETF increase in value whenever the Japanese Yen itself went up in value?

Answer
Thank you for your question!
The answer is yes, ETF's do go up or down in value according to the assets they track.

I hope that this is helpful, please do not hesitate to follow up with me if I can be of any additional service,

Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com