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Emerging Global Looks To Add 11 ETFs
March 02, 2012 at 07:00 AM EST
The news on Wall Street have been good while the price action in major indexes has been back-and-forth throughout the week. Stocks are looking to end the week on a high note after digesting better-than-expected consumer confidence data as well as GDP results earlier in the week [see also Gold Hits Resistance, Time To Worry?]. At the back of this bullish momentum, the leading issuer behind emerging markets products, Emerging Global, is moving closer to debuting a diverse basket of 11 ETFs. Emerging Global Advisors is moving closer towards launching a slew of funds, including several country and sector-specific ETFs, as well as a number of dividend focused products [see SEC Filing]: Country-Specific EGShares Beyond BRICs Emerging Asia Small Cap ETF (SCEA): This broad-based fund will seek to replicate the price and yield performance of the INDXX Beyond BRICs Emerging Asia Small Cap Index and charge an expense fee of 0.85%. Its underlying [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
The news on Wall Street have been good while the price action in major indexes has been back-and-forth throughout the week. Stocks are looking to end the week on a high note after digesting better-than-expected consumer confidence data as well as GDP results earlier in the week [see also Gold Hits Resistance, Time To Worry?]. At the back of this bullish momentum, the leading issuer behind emerging markets products, Emerging Global, is moving closer to debuting a diverse basket of 11 ETFs. Emerging Global Advisors is moving closer towards launching a slew of funds, including several country and sector-specific ETFs, as well as a number of dividend focused products [see SEC Filing]: Country-Specific EGShares Beyond BRICs Emerging Asia Small Cap ETF (SCEA): This broad-based fund will seek to replicate the price and yield performance of the INDXX Beyond BRICs Emerging Asia Small Cap Index and charge an expense fee of 0.85%. Its underlying [...]
