iShares added to its already robust lineup of emerging markets this week with two new regional products designed to deliver targeted exposure to companies in the developing world. The iShares MSCI Emerging Markets Latin America Index Fund (EEML) will target an index consisting of stocks in Brazil, Chile, Colombia, Mexico, and Peru, while the iShares MSCI EMEA Emerging Markets EMEA Index Fund (EEME) will target emerging markets in Europe, the Middle East, and Africa. Specifically, EEME will include allocations to eight markets: the Czech Republic, Egypt, Hungary, Morocco, Poland, Russia, South Africa, and Turkey. [click to continue…]
PowerShares, the firm behind the incredibly popular S&P 500 Low Volatility Portfolio (SPLV) has added two more products that employ a similar methodology in international stock markets. The new ETFs, the first launched by PowerShares in 2012, include [for analysis of all new ETFs, sign up for the free ETFdb newsletter]: PowerShares S&P Emerging Markets [...]
Better late than never. E*TRADE, the online brokerage that is perhaps best known for its commercials starring infant trading whizzes, has begun offering commission free trading on a lineup of exchange-traded funds. ETFs issued by Global X, WisdomTree, and db-X (Deutsche Bank) will be eligible for commission free trading on the E*Trade platform. That lineup [...]
[This article is a free preview from the October edition of ETF Edge, the premium newsletter included with a subscription to ETFdb Pro] After a summer slowdown, the product development segment of the ETF industry is back in full swing; close to 40 new ETFs and ETNs began trading in October, pushing the total product [...]
Global X, the New York-based ETF issuer behind some of the most successful new ETFs of the last several years, has laid the groundwork to significantly expand its existing lineup. In a recent SEC filing, the New York-based firm shed some light on plans for 22 country-specific and region-specific international equity ETFs, including funds targeting [...]
Global X announced that its popular FTSE Colombia 20 ETF (GXG) will undergo a 2-for-1 split. The split will take place after the close of trading on April 11, 2011 and shares will begin trading on a split-adjusted basis on April 12. GXG closed on Friday at $40.83.
Earlier this month, we sat down with Bruno del Ama, the CEO of Global X to talk about the dynamic Latin America market. Global X is one of the main providers of ETFs that target the Latin America market, with six South American funds in total including products tracking the individual economies of Colombia (GXG) [...]
Van Eck, the issuer behind several country-specific emerging and frontier market ETFs, announced today the latest addition to its product lineup. The Market Vectors Colombia ETF (COLX) will seek to replicate the Market Vectors Colombia Index, a benchmark that consists of companies either domiciled and primarily listed on an exchange in Colombia or generating at [...]
Van Eck, the New York City-based issuer known for its hard assets expertise and emerging markets products, continues to be active on the product development front. The company recently filed details with the SEC for a new ETF focused on South America; the proposed fund will track the Market Vectors Colombia Index, giving investors exposure [...]
Global X announced today the launch of the first pure play Argentina ETF, bringing to market another option for accessing South America. The Global X FTSE Argentina 20 ETF (ARGT) will seek to replicate the FTSE Argentina 20 Index, a benchmark that includes the top 20 companies within the investable universe of Argentina-domiciled companies or [...]
Although the global economy is still weak and emerging markets have been under significant pressure as of late, some have continued to pour in fresh cash, seeking to find beaten down companies in these still quickly growing countries. One person that has been doing just that, albeit with a ton of cash, is Carlos Slim, [...]
