Description: In the past, emerging market investment has been dominated by exposure to the largest emerging economies: the BRICs (Brazil, Russia, India, and China). After a period of explosive growth, however, these countries are now experiencing slowing growth rates, aging populations, and increasing correlations to developed markets. This has driven investors to seek exposure to the next group of countries that are both primed for rapid economic expansion and can potentially provide diversification for their portfolios. The Global X Next Emerging & Frontier ETF offers broad exposure to these attractive economies by accessing the next emerging markets (ex-BRIC, South Korea, and Taiwan) and frontier markets. The new Global X fund will focus on countries such as Argentina, Laos, Papua New Guinea, Chile, Mexico, Bangladesh, Mongolia, Qatar, Colombia, Peru, Gabon, Namibia, Slovakia, Czech Republic, Philippines, Georgia, Nigeria, Tanzania, Egypt, Poland, Kazakhstan, Oman, United Arab Emirates, Hungary, South Africa, Kenya, Pakistan, Vietnam, Indonesia, Thailand, Kuwait, Panama, Malaysia, Turkey.
Home Page: www.globalxfunds.com/funds/emfm/
EMFM Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Diversified Emerging Mkts
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock non-US | 98.90 | 0.00 | 98.90 |
Cash | 1.23 | 0.12 | 1.10 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Financial Services | 28.57 | 23.14 |
Communication Services | 12.52 | 8.16 |
Consumer Defensive | 11.73 | 7.61 |
Real Estate | 9.42 | 1.77 |
Consumer Cyclicals | 7.87 | 13.69 |
Utilities | 6.86 | 1.90 |
Industrials | 6.82 | 6.18 |
Basic Materials | 6.57 | 7.09 |
Healthcare | 4.46 | 5.03 |
Energy | 3.64 | 5.43 |
Technology | 1.56 | 20.02 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Asia Emerging | 41.53 | 49.46 |
Africa/Middle East | 34.83 | 7.15 |
Latin America | 10.76 | 12.36 |
Europe Emerging | 8.48 | 1.26 |
Europe Developed | 4.41 | 1.73 |
Japan | 0.00 | 0.08 |
Australasia | 0.00 | 0.05 |
North America | 0.00 | 3.05 |
Asia Developed | 0.00 | 24.27 |
United Kingdom | 0.00 | 0.60 |