Emerging Global Advisors
last week launched its latest emerging market sector ETF. The Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund (EEG) comes with an expense ratio of 75 basis points.
The new fund will seek to track the Dow Jones Emerging Markets Titans Composite 100 Index, which consists of the top ten stocks from each of the Dow Jones Emerging Markets Sector Titans Indexes.
"Through EEG, investors will be able to gain broad-based exposure to industry leaders in key sectors across multiple emerging market countries," said Emerging Global CEO Robert Holderith
. "We believe it provides a highly efficient vehicle for building a position in many of the world's fastest-growing industries and economies.
EGA has indicated that it hopes to introduce a total of ten sector-based emerging markets ETFs.
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