Global X Debuts Fertilizer ETF
May. 26, 2011 04:08PM PST
Potash InvestingSeeking Alpha reported on the new Global X fertilizer/potash ETF, called SOIL.
Seeking Alpha reported on the new Global X fertilizer/potash ETF, called SOIL.
The market news is quoted as saying:
“As the population in emerging economies continues to increase their food consumption and purchasing power, these nations have to increase farming yields,” said CEO of Global X Funds, Bruno del Ama. “We are starting to see how these fertilizer and potash companies stand to benefit from this demand.”