Loading...
Loading...
Emerging Global, the ETF issuer known for its all-emerging markets lineup, plans to introduce the EGShares Technology Gems ETF
QGEM on Thursday. The new ETF will track the Dow Jones Emerging Markets Technology Titans 30 Index and feature an expense ratio of 0.3%.
As of April 30, the average market value of index members was $1.6 billion with a range of $100 million to $6 billion, according to the ETF's prospectus.
Index members include Hong Kong-listed TCL Communication Technology Holdings and China's VanceInfo Technologies
VIT.
Some of Emerging Global's better known ETFs include the EGShares Emerging Markets Consumer ETF
ECON, the EGShares Brazil Infrastructure ETF
BRXX and the EGShares India Small Cap ETF
SCIN.
At the end of May, the firm had nine ETFs on the market with $531 million in assets under management, according to data from the National Stock Exchange.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsSector ETFsNew ETFsEmerging Market ETFsGlobalIntraday UpdateMarketsETFsApplication SoftwareEmerging GlobalInformation Technology
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in