Bringing you live news and features since 2006 

Emerging Global Advisors announces EGShares EM Strategic Opportunities ETF


Emerging Global Advisors (EGA), the investment advisor to the EGShares exchange-traded funds,  has renamed the EGShares Emerging Markets Domestic Demand ETF (EMDD) as the EGShares EM Strategic Opportunities ETF (EMSO). 

Additionally, the Fund's underlying index, the S&P Emerging Markets Domestic Demand Index, was renamed the S&P Emerging Markets Strategic Opportunities Index. The Fund's expense ratio is 0.65 per cent net and 0.85 per cent gross.

"We continue to believe that the best long-term growth opportunity in emerging markets is in the growth of domestic demand," says EGA Chief Product and Marketing Officer Marc Zeitoun. "By framing this theme within the context of a strategic opportunity, we are better reflecting that the fund is a broadly diversified emerging market core solution."

The EGShares EM Strategic Opportunities ETF seeks to capture predominantly large and mid-cap companies across 12 emerging markets. Emerging markets represents nearly five times the estimated consumption growth of developed markets and areas of emerging market economies like the consumer, telecommunications, health care and utilities businesses stand to benefit from this growth. The fund does not invest in energy and commodities.

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by