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Global X To Add Emerging & Frontier ETF To Its Lineup

By: ETFdb
Though U.S. equities finally pushed higher this week, Wall Street concerns continued to rise as the seemingly imminent U.S.-led intervention in Syria weighed heavily on the markets. On Wednesday, the Senate backed President Obama’s request to strike Syria, bringing the U.S. one step closer to more military action in the Middle East. Meanwhile, investors turned their focus to the Federal Reserve’s “beige book,” which showed the U.S. economy growing at a “modest to moderate” pace in July and August, fueled by consumer spending on housing and cars [see see The Best (And Worst) Performing ETFs For Every Quarter]. On the ETF front, it has been a relatively quiet week with no new funds hitting the street, though one popular issuer did file regulatory paperwork to beef up its popular ETF lineup. Global X filed for an intriguing emerging and frontier market ETF: Next Emerging & Frontier ETF (EMFM): According to the SEC filing, the [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Though U.S. equities finally pushed higher this week, Wall Street concerns continued to rise as the seemingly imminent U.S.-led intervention in Syria weighed heavily on the markets. On Wednesday, the Senate backed President Obama’s request to strike Syria, bringing the U.S. one step closer to more military action in the Middle East. Meanwhile, investors turned their focus to the Federal Reserve’s “beige book,” which showed the U.S. economy growing at a “modest to moderate” pace in July and August, fueled by consumer spending on housing and cars [see see The Best (And Worst) Performing ETFs For Every Quarter]. On the ETF front, it has been a relatively quiet week with no new funds hitting the street, though one popular issuer did file regulatory paperwork to beef up its popular ETF lineup. Global X filed for an intriguing emerging and frontier market ETF: Next Emerging & Frontier ETF (EMFM): According to the SEC filing, the [...]

Click here to read the original article on ETFdb.com.

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