Emerging Global Splits Shares On Four Emerging Markets ETFs

Economic growth in the U.S. in recent years has been virtually non-existent, prompting more and more investors to turn to emerging markets, whose economies–as well as overall populations–are growing at an exponential rate. With the majority of growth occurring overseas, ETF issuers were soon to follow, now offering a wealth of funds to track these booming nations. Relatively new to the emerging market space is Emerging Global Shares, who issued their first ETF in early 2009. Since then, the company has released eight funds to help investors to target developing markets [see also Sector Investing With Emerging Markets ETFs]. Earlier this week, EG Shares announced that four of its most popular funds will undergo splits. Two-for-one splits will occur in EEO, EFN, and EEG, while EMT will split three-for-one. The splits will be effective for all shareholders of record on September 13th, with the actual split payout coming after market close [...] Click here to read the original article on ETFdb.com. Related Stories: First Emerging Markets Financials ETF Launches Emerging Global Advisors Launches New ETF Family iShares To Expand Emerging Markets ETF Offerings