NYSE Euronext (NYX) and Emerging Global Advisors, an asset management company focused exclusively on emerging markets and the sub-advisor to the EGShares family of exchange-traded funds (ETFs), announced today the successful launch of a comprehensive suite of investment solutions for sector investing in emerging market countries on NYSE Arca, NYSE Euronext's fully electronic US market.
The funds, branded as GEMS (Global Emerging Market Sectors), allow investors to pursue emerging markets sector exposures in a manner similar to what is possible in the US and other developed markets. The funds are all based on the Dow Jones Emerging Market Sector Titans Indexes and are composed of leading emerging market companies in each of the 10 Industries defined by the Industry Classification Benchmark (ICB).
"The GEMS launch makes it possible for investors to trade emerging markets sector funds, and we take great pride in being the first exchange to list these innovative products," said Laura Morrison, Senior Vice President of Global Index and Exchange Traded Products Group US. “EGA's decision to list on NYSE Euronext underscores the value of the consultative services, market structure and technology that our platform provides its issuers and the ETF marketplace.”
"We believe today's introduction of the EGShares GEMS ETFs fills the market need for a comprehensive set of solutions to allow investors to pursue sector exposures across emerging market countries," said Marten S. Hoekstra, EGA’s CEO.
The GEMS’ sector solution set is:
- EGShares GEMS Composite ETF (NYSE Arca: AGEM)*
- EGShares Energy GEMS ETF (NYSE Arca: OGEM)*
- EGShares Financials GEMS ETF (NYSE Arca: FGEM)*
- EGShares Basic Materials GEMS ETF (NYSE Arca: LGEM)
- EGShares Consumer Goods GEMS ETF (NYSE Arca: GGEM)
- EGShares Consumer Services GEMS ETF (NYSE Arca: VGEM)
- EGShares Health Care GEMS ETF (NYSE Arca: HGEM)
- EGShares Industrials GEMS ETF (NYSE Arca: IGEM)
- EGShares Technology GEMS ETF (NYSE Arca: QGEM)
- EGShares Telecom GEMS ETF (NYSE Arca: TGEM)
- EGShares Utilities GEMS ETF (NYSE Arca: UGEM)
* AGEM, OGEM, and FGEM were previously marketed under the tickers EEG, EEO, and EFN
About Emerging Global Advisors
Emerging Global Advisors LLC is an independent investment advisory firm and the sub-advisor to the EGShares family of exchange-traded funds (ETFs). The EGShares product offerings are designed to provide investment exposures that allow more accurate targeting of important emerging market opportunities. More information on the firm and its investment products can be found at www.egshares.com. The Emerging Global Shares Exchange-Traded Funds are distributed by ALPS Distributors, Inc.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 977 primary ETF and 67 primary ETV listings. Additionally, NYSE Arca lists 167 ETNs, 78 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 562 ETFs for 653 listing and 43 ETVs for 75 listings with a total number of 605 ETPS for 728 listings across the European markets. In addition, NYSE Euronext lists a total of 24992 Certificates and Covered Warrants in Paris, Amsterdam, Brussels and Lisbon.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, please call (888) 800-4EGS (4347) or visit www.egshares.com to view or download a prospectus online. Read the prospectus carefully before you invest.
Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. Brokerage fees do apply.
ALPS Distributors, Inc and NYSE Euronext are not affiliated.
Distributed by ALPS Distributors, Inc.
Katrina Clay, 212-656-2017
Starkman & Associates
Eric Starkman, 212-624-9755
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