By: ETF Database
March 18, 2011 at 09:26 AM EDT
Emerging Global Plans Sector-Specific India ETFs
Emerging Global Advisors, the only ETF issuer focusing exclusively on emerging markets, has filed details on a suite of products that would offer more targeted exposure to India’s stock market. In a recent SEC filing, the firm detailed plans for nine ETFs focusing on specific sectors of the Indian economy: EG Shares India Consumer ETF EG Shares India Financials ETF EG Shares India Health Care ETF EG Shares India Telecom ETF EG Shares India Industrials ETF EG Shares India Technology ETF EG Shares India Utilities ETF EG Shares India Basic Materials ETF EG Shares India Energy ETF The filing didn’t specify the indexes that the proposed funds would seek to replicate, but did note that the management fee would be 0.89%. In addition, Emerging Global outlined an India High Income Low Beta ETF that would focus on dividend-paying Indian stocks that exhibit a relatively low beta relative to the broad [...] Click here to read the original article on ETFdb.com. Related Posts: India ETFs In Freefall As Inflation Concerns Rise India ETFs: Five Ways To Play India Infrastructure ETF (INXX) Hits The Market India Infrastructure ETF In A Pickle, What’s Next? Going Beyond EEM: Rounding Out Emerging Markets Exposure With ETFs
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