Goldman Sachs has filed with the Securities and Exchange Commission to launch its first range of ETFs.
The filing shows Goldman's inaugural ETF will track an index based on the Brazilian, Indian, Chinese and Korean stock markets. The underlying index will comprise the top 85% of companies by market value within these regions and is due to consist of around 300 to 450 constituents. The index will be maintained by an index provider unaffiliated with the adviser. The bank seeks to launch a spectrum of funds investing in equities, fixed income, as well as funds based on a combination of these types of securities. In addition, it aims to launch funds investing in equities or fixed income...
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