Global X Challenges Competition With Latest ETF Filing
Monday, 07 March 2011 05:24

Global X, the New York City-based ETF issuer best known for its suite of emerging market ETFs, is continuing the expansion of its product lineup with a new filing with the SEC. In the document, the company outlined plans for several new funds that look to further slice up the stock market in very specific ways.

 While details remain scarce– no information regarding the funds’ tickers or expense ratios were released– we have highlighted some of the main details from the filing below:Most of the new fund proposals target very specialized sectors of the stock market that have gained huge followings in months past. These new ideas include funds targeting the; Fertilizer/Potash Industry, a Rare Earth Metals Fund and a Strategic Metals Fund as well. All three of these sectors have seen investment interest skyrocket thanks to concerns about supplies in the metal industry and droughts and other types of

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