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Rating:EGShares Debuts Lucky Number 22 Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 17, 2012

EGShares Debuts Lucky Number 22

News summary by MFWire's editors

Emerging Global Advisors [profile] is continuing to expand in the ETF game.

The shop recently launched the Emerging Markets Core ETF (EMCR), the company's 22nd ETF through its EGShares line. News of the new ETF was reported by Eric Dutram of Zacks.com.

This new offering will track the S&P Emerging Markets Core Index and will charge 70 basis points for annual fees. The dividend of the ETF is expected to be 2.2 percent per year.

EMCR will also invest more on consumer stocks compared to heavy financial and oil shares.

 

Edited by: HFD


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