Two new "Beyond BRICS" ETFs will be rolled out by Emerging Global Advisors [profile], reports Index Universe.

The EGShares Beyond BRICs ETF (BBRC) and EGShares Emerging Markets Domestic Demand ETF (EMDD) will charge an expense ratio of 0.85 percent.

BBRC will track the Indxx Beyond BRICs Index, which allocates to twelve countries and currencies, while the EMDD will track the EM Domestic Demand Index, which is composed of fifty holdings in eleven countries and currencies.

Two of the largest emerging-market ETFs track the MSCI Emerging Markets Index: Vanguard's MSCI Emerging Market ETF, which has attracted $65.7 billion, and the iShares MSCI Emerging Markets Index Fund, with $34.5 billion in AUM. 

Edited by: HFD


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