Global X Files for Emerging Markets, MLP ETFs

Global X, the New York-based ETF issuer that sponsors popular funds such as the Global X SuperDividend ETF SDIV and the Global X FTSE Colombia 20 ETF GXG, has filed plans with the Securities and Exchange Commission to possibly introduce four new ETFs, including three emerging market plays. The other fund would be the Global X Junior MLP ETF, which would track the Solactive Junior MLP Composite Index. A filing for that ETF did not include a ticker or expense ratio. In April, Global X introduced the Global X MLP ETF MLPA. MLPA has since accumulated $7.55 million in assets under management. The fund has a 30-day SEC yield of 6.13 percent, according to Global X data. Global X also filed for three funds that represent plays on the emerging markets consumer. The new funds are the Global X Africa Consumer ETF , the Global X Asia Consumer ETF and the Global X Latin America Consumer ETF. Tickers and expense ratios were not provided for those funds, either. Emerging markets consumer ETFs are nothing new for Global X. The fund is the sponsor of the Global X Brazil Consumer ETF BRAQ and the Global X China Consumer ETF CHIQ. For more on Global X ETFs, click here.
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Posted In: Long IdeasNewsSector ETFsShort IdeasSpecialty ETFsNew ETFsEmerging Market ETFsPre-Market OutlookAfter-Hours CenterMarketsTrading IdeasETFsGlobal X
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