Emerging Global Advisors, the ETF sponsor known for its suite of all emerging markets funds, has filed plans with the Securities and Exchange Commission (SEC) to possibly introduce 11 new ETFs, several of which would be first-to-market funds.
The firm filed plans for the EGShares India Consumer Goods ETF, which will track the INDXX India Consumer Goods Index with an expense ratio of 0.89%. Emerging Global already sponsors three India-specific ETFs and has filed plans for several more India-focused funds. The index is home to companies involved in beverages; food products; household goods; leisure goods; personal goods; food and drug retail; general retail; and tobacco. No ticker was disclosed in the filing.
Emerging Global also filed plans for the EGShares Turkey Small Cap ETF and the EGShares South Africa Small Cap ETF. While the iShares Turkey Investable Market ETF TUR and the iShares MSCI South Africa ETF EZA have proven popular with investors, there are currently no small-cap ETFs devoted exclusively to South Africa and Turkey.
Both of those ETFs will have expense ratios of 0.85% and track stocks with market values of $100 million to $2 billion. No tickers were included in the filings.
The firm also filed plans for the EGShares Beyond BRICs Emerging Asia Consumer ETF, which would track Indonesian, Malaysian, Thai and Philippine consumer companies. Emerging Global already sponsors the popular EGShares Emerging Markets Consumer ETF ECON.
The Beyond BRIC fund will have an expense ratio of 0.85%. No ticker was included in the filing.
The fifth fund Emerging Global filed plans for is the EGShares Low Volatility China Dividend ETF, which will track the INDXX Low Volatility China Dividend Index. That ETF will also have an expense ratio of 0.85%. The filing didn't include a ticker for that fund, either.
Also on tap is the EGShares Emerging Markets Real Estate ETF, which would track the 30-stock INDXX Emerging Markets Real Estate Index. That fund would also have an expense ratio of 0.85%.
The Beyond BRIC theme could continue with the EGShares Beyond BRICs Emerging Asia Infrastructure ETF, which would also track Indonesian, Malaysian, Thai and Philippine infrastructure companies with an expense ratio of 0.85%.
Another Beyond BRIC addition could be the EGShares Beyond BRICs Emerging Asia Small-Cap, which would also charge 0.85% and follow Indonesian, Malaysian, Thai and Philippine small-caps.
A broader emerging markets small-cap play could be had if the EGShares Emerging Markets Consumer Small Cap ETF comes to market. With an expense ratio of 0.85%, that ETF will hold small-caps in the following industry groups: automobiles and parts, beverages; food production; household goods; leisure goods; personal goods; food and drug retail; general retail; media; travel and leisure; and tobacco.
And the low volatility dividend theme continues with the EGShares Low Volatility Brazil Dividend ETF, which like its Chinese counterpart would have fees of 0.85%.
The EGShares Emerging Markets Balanced Income ETF is another possible new introduction from Emerging Global. That ETF will fees of 0.75% and could have also have heavy exposure to Indian equities.
At the end of November, Emerging Global had 19 ETFs with a combined $492 million in assets under management, according to data from the National Stock Exchange.
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Posted In: NewsSector ETFsDividendsSpecialty ETFsNew ETFsEmerging Market ETFsSmall CapIntraday UpdateMarketsETFsEmerging Global Advisors
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