Following the launch of Emerging Global Advisors’ EGShares EM Dividend High Income ETF (EMHD) on NYSE Arca, there are now more than 100 ETFs tracking a FTSE benchmark in North America.
The new fund tracks the FTSE Equal Weighted Emerging All Cap ex Taiwan Diversified Dividend Yield 50 Index, designed to deliver a broad basket of securities across emerging market countries that have been screened for high dividend yields.
This follows the recent launch of two equity ETFs with Vanguard Investments Canada for which FTSE has licensed two indices: FTSE Canada All Cap Index and the FTSE Developed ex North America Index.
In total, 11 ETF issuers in the US and Canada offer 102 products tracking FTSE’s equity, fixed income, real estate, yield and alternative weighted indices. Globally, FTSE-linked ETFs are offered by nine of the top ten issuers.
Jonathan Horton, president of FTSE Americas and head of FTSE’s ETP service unit, says: “We are delighted to have reached this important milestone which underscores FTSE’s position as a leading global provider of tradable benchmarks. By emphasising representativeness and tradability at the point of index construction and on-going high standards of governance and transparency, FTSE is well positioned to continue to deliver innovative index solutions which underpin the next generation of ETFs.”
