Emerging Global Advisors (EGA), the asset manager to the EGShares
exchange-traded fund (ETF) offering, today announced it completed the
transition of the EGShares Beyond BRICs ETF (BBRC) to track the FTSE
Beyond BRICs Index. BBRC, which launched in August 2012, previously
tracked the Indxx Beyond BRICs Index.
The FTSE Beyond BRICs Index generally has 75% exposure to companies in
more developed emerging markets (excluding Brazil, Russia, India, China,
South Korea and Taiwan) and 25% exposure to companies in frontier
markets, which are less developed. While the index is free-float market
capitalization-weighted, it addresses potential concentration issues by
including diversification parameters such as position and country caps,
as well by liquidity-ranking the frontier markets company exposure.
“BBRC seeks to provide investors with an integrated developing market
core holding that shifts toward the less mature emerging and frontier
markets and away from where much growth has already taken place," said
Marten Hoekstra, CEO of EGA. "Beyond BRIC economies offer greater
portfolio diversification to BRIC-heavy portfolios and, in our view,
represent the next wave of growth in developing market investing.”
About Emerging Global Advisors (EGA)
Emerging Global Advisors (EGA), the asset manager to the EGShares ETF
offering, provides investors and institutions with the tools they need
to implement similar investment strategies in developing markets as they
do in developed markets. Through its advanced beta strategies, EGA helps
investors and institutions achieve the income and total return exposures
they want in emerging markets. For more information, please visit egshares.com.
Disclosures
Investors should carefully consider the investment objectives, risks,
charges and expenses of the Fund before investing. To obtain a
prospectus containing this and other important information, please call
(888) 800-4EGS (4347) or visit www.egshares.com to
view or download a prospectus online. Read the prospectus carefully
before investing.
Emerging market investments involve risk of capital loss from
unfavorable fluctuation in currency values, from differences in
generally accepted accounting principles, from economic or political
instability in other nations or increased volatility, and lower trading
volume. This fund will concentrate its investments in issuers of one or
more particular industries to the same extent that its Underlying Index
is so concentrated and to the extent permitted by applicable regulatory
guidance. Concentration risk results from maintaining exposure to
issuers conducting business in a specific industry. Small cap and mid
cap companies generally will have greater volatility in price than the
stocks of large companies due to limited product lines or resources or a
dependency upon a particular market niche. The value of an investment
denominated in a foreign currency could change significantly as foreign
currencies strengthen or weaken relative to the U.S. dollar. One cannot
invest directly in an index.
Shares are not individually redeemed and owners of the shares may
acquire those shares from the Fund and tender those shares for
redemption to the Fund in Creation Units only, typically consisting of
aggregations of 50,000 shares.
FTSE makes no express or implied warranties or representations and shall
have no liability whatsoever with respect to any claims contained herein.
Marten Hoekstra is a registered representative of ALPS Distributors, Inc.
EGShares Funds are distributed by ALPS Distributors, Inc.
© Copyright 2013 Emerging Global Advisors, LLC - All Rights Reserved
EGS001526 Expires 10/25/14
Copyright Business Wire 2013