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EGShares launches Beyond BRICs ETF and Emerging Markets Domestic Demand ETF


Emerging Global Advisors has launched the EGShares Beyond BRICs and Emerging Markets Domestic Demand ETFs, exchange-traded funds seeking less mature emerging market country or sector exposures.

With more than 90 per cent of all EM equity ETF assets following the MSCI Emerging Markets Index and other catalogue indexes, many core portfolios are dominated by countries and sectors that are furthest along the economic development path that progresses from frontier to developed market status.

Investors seeking opportunities that are earlier on this development path can attempt to tailor core portfolios to include greater exposures to less mature emerging market countries through the EGShares Beyond BRICs ETF, and less mature emerging market sectors through the EGShares Emerging Markets Domestic Demand ETF.

“EGShares BBRC and EMDD ETFs represent alternatives to those broad benchmarks which typically reflect the most mature countries and sectors in emerging markets,” says Marten Hoekstra (pictured), chief executive of Emerging Global Advisors. “To attempt to meet the need for exposures to less mature countries, we created the EGShares Beyond BRICs ETF. To attempt to meet the need for exposures to less mature sectors, we created the EGShares Emerging Markets Domestic Demand ETF. BBRC and EMDD are components of what we believe is a modernized EM core portfolio and are the latest outcome of our mission to provide investors with the tools they need to get the exposures they want in emerging markets.”

EGShares Beyond BRICs ETF (BBRC) provides broad exposure to the less mature emerging market countries outside of the BRIC nations (Brazil, Russia, India and China). BBRC tracks the Indxx Beyond BRICs Index, a free-float market capitalization weighted index of 50 stocks from a universe that includes Chile, Colombia, Czech Republic, Egypt, Hungary, Indonesia, Malaysia, Morocco, Mexico, Peru, Philippines, Poland, South Africa, Thailand and Turkey. The ETF trades on NYSE Arca under the ticker symbol BBRC.

EGShares Emerging Markets Domestic Demand ETF (EMDD) includes five sectors that Emerging Global Advisors believes may be most influenced by organic growth within emerging market economies. EMDD offers exposures to consumer staples, consumer discretionary, telecom, utilities and health care companies. EMDD tracks the Indxx Emerging Markets Domestic Demand Index, a free-float market capitalisation weighted, 50-stock index, providing exposure to 11 countries and currencies. The ETF trades on NYSE Arca under the ticker symbol EMDD.

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