Emerging Global Rolls Out Emerging-Markets High-Dividend ETF
As planned, Schwab's fundamentally indexed funds launch, while Van Eck draws up plans for a Puerto Rico municipal-bond ETF and a short-term, emerging-markets corporate-bond ETF.
On Thursday, Aug. 15, Emerging Global Advisors launched an equally weighted, passively managed exchange-traded fund that holds 50 emerging-markets stocks that pay high dividends.
EGShares EM Dividend High Income ETF (EMHD) tracks an FTSE index that contains the 50 highest-yielding and liquid, emerging-markets stocks found in a broader FTSE parent index. To ensure diversification, the benchmark caps the number of stocks per country and industry at 10.
Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.