Global X Launches Growth, Value Emerging Markets ETFs

Global X, the New York-based ETF issuer behind popular products focusing on equities of commodity producers and sector-specific China ETFs, announced today the latest additions to its ETF lineup. The Global X Russell Emerging Markets Value ETF (EMVX) and Russell Emerging Markets Growth ETF (EMGX) will combine the concept of value and growth investment strategies with emerging markets exposure, becoming the first emerging markets ETFs to explicitly offer a style tilt. EMVX will seek to replicate the Russell Emerging Market MegaCap Value Index, while EMGX will be linked to the Russell Emerging Market MegaCap Growth Index. Value and growth investing are certainly not new concepts, as investors have been bifurcating the domestic equity universe along these lines for decades. Generally growth stocks are those with high pricing multiples (such as price-to-earnings or price-to-sales) and low dividend yields, while those classified as value have higher dividend yields and lower multiples. Many investors [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts