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 (NYSE: SDIV) and the Global X FTSE Colombia 20 ETF (NYSE: 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 (NYSE: 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.
For more on Global X ETFs, click here.
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Tags: Global X