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...
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