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Global X adds to its commodities lineup. The article explains:
Global X, the New York-based exchange-traded fund firm known for its developing-market and natural resources funds, filed paperwork to market 12 ETFs, including country-specific strategies, dividend-seeking ETFs as well as off-the-beaten-path funds such as a potash ETF.
The funds would add to Global X’s growing roster of ETFs that carve out unexplored niches of the market, in a strategy that has served the company well so far, as it raked in $1 billion in new assets in 2010 alone. Some of its latest offerings include the market’s first Andean ETF as well as broader emerging markets fare.
Global X adds to its commodities lineup. The article explains:
Global X, the New York-based exchange-traded fund firm known for its developing-market and natural resources funds, filed paperwork to market 12 ETFs, including country-specific strategies, dividend-seeking ETFs as well as off-the-beaten-path funds such as a potash ETF. The funds would add to Global X’s growing roster of ETFs that carve out unexplored niches of the market, in a strategy that has served the company well so far, as it raked in $1 billion in new assets in 2010 alone. Some of its latest offerings include the market’s first Andean ETF as well as broader emerging markets fare.