Emerging Global Advisors (EGA) has launched an ETF offering exposure to the largest emerging markets companies in the financial services sector.
The Dow Jones Emerging Markets Financial Titans Index fund, listed on NYSE Arca, tracks the performance of the Dow Jones Emerging Markets Financial Titans 30 index. The benchmark comprises 30 of the largest emerging markets financial companies in banking, life insurance, non-life insurance, real estate investment and financial services. The companies selected come from 10 different countries, with the top five country weightings consisting of China, Brazil, India, South Africa and Malaysia respectively. EGA chief executive officer Robert Holderith says the companies in the financia...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes