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Global X Adds Nigeria ETF (NGE) And Central Asia ETF (AZIA) To Arsenal
April 04, 2013 at 04:00 AM EDT
The bulls on Wall Street pumped their breaks yesterday after worse-than-expected ADP employment data put a dent in investors’ confidence for the trading session. Amid the profit taking wave, Global X expanded its arsenal of niche offerings as it rolled out two new foreign equity ETFs with each one targeting an asset class that was previously inaccessible through the ETF wrapper [see Free ETF Country Exposure Tool]. Inside The Nigeria Index ETF (NGE) Global X continues to democratize the investment landscape with the launch of NGE, as this ETF is the first and only one of its kind to offer targeted exposure to the booming Nigerian economy. Previously, investors could only access bits and pieces of Nigeria through one of several frontier market ETFs: Market Vectors Africa Index ETF : This fund has roughly one-fifth of its total assets allocated to Nigerian equities. MSCI Frontier 100 Index Fund : This ETF holds [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
The bulls on Wall Street pumped their breaks yesterday after worse-than-expected ADP employment data put a dent in investors’ confidence for the trading session. Amid the profit taking wave, Global X expanded its arsenal of niche offerings as it rolled out two new foreign equity ETFs with each one targeting an asset class that was previously inaccessible through the ETF wrapper [see Free ETF Country Exposure Tool]. Inside The Nigeria Index ETF (NGE) Global X continues to democratize the investment landscape with the launch of NGE, as this ETF is the first and only one of its kind to offer targeted exposure to the booming Nigerian economy. Previously, investors could only access bits and pieces of Nigeria through one of several frontier market ETFs: Market Vectors Africa Index ETF : This fund has roughly one-fifth of its total assets allocated to Nigerian equities. MSCI Frontier 100 Index Fund : This ETF holds [...]
