FTSE Group has been selected by Emerging Global Advisors, the asset management company specializing exclusively in emerging market ETFs, as the index provider for its EGShares Emerging Markets Dividend Growth ETF (EMDG) which listed today on NYSE Arca. EGShares EMDG is the first US-listed ETF focused on providing dividend growth exposure in emerging markets.…
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The ETF tracks the FTSE Emerging All Cap ex Taiwan Diversified Capped Dividend Growth 50 Index (EMGD). This capped, market capitalisation weighted index represents the performance of 50 emerging market companies with a high compounded annual dividend growth rate and recognises the increasing number of emerging market companies that pay dividends.
This is the first time that FTSE has worked with Emerging Global Advisors, who join the long list of global ETF providers using FTSE indices.
Source: ETFWorld – FTSE
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