ETF Pipeline: Nigeria Fund, Cloud Computing ETF On Tap

The latest round of new product launches has pushed the total for the ETF total to 1,300, close to twice the number of products trading just a couple of years ago. But if the activity behind the scenes is any indication, the growth spurt is far from over. Multiple issuers continue to stuff the product pipeline with proposed funds, many of which represent first-to-market ideas that haven’t yet been offered up in ETF form. Nigeria ETF Van Eck’s ETF lineup already includes a number of products offering targeted exposure to smaller emerging and frontier markets, from Vietnam (VNM) to Egypt (EGPT). Joining a proposed Mongolia ETF in the product development pipeline recently was the Market Vectors Nigeria ETF, which would focus on companies listed in or operating in one of Africa’s oil-rich economies. The proposed ETF would seek to replicate the Market Vectors Nigeria Index, a modified capitalization weighted, float [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs For The “Next 11″ Economies Van Eck Launches Egypt ETF (EGPT) Van Eck Plans Mongolia ETF Emerging Market ETF Investing: Beyond The BRIC Closer Look At Frontier Market ETFs