Roger Nusbaum submits: StateStreet listed six new ETFs:
SPDR China (GXC) -- like iShares Trust FTSE-Xinhua China 25 Index Fund (FXI) it is heavy on financials.
SPDR Emerging Europe (GUR) -- a lot of Russian energy.
SPDR Latin America (GML) -- owns a lot of the mega cap usual suspects.
SPDR Emerging Market (GMM) -- different mix than iShares MSCI Emerging Markets ETF (EEM) and cheaper than EEM.
SPDR Emerging Middle East & Africa (GAF) -- mostly South Africa followed by Israel.
SPDR Emerging Asia Pacific (GMF) -- lots of Taiwan and China and even 0.90% in Pakistan.
I'll have more on these later, but I wanted to create some awareness. These funds create competition for existing products, and offer a couple of new things in the ETF world, but obviously Eastern Europe has CEFs to choose from too.
