NEW YORK ( TheStreet) -- ETF provider Emerging Globalshares has made its name by being first to market in several areas of the emerging markets space. It has done so again with the new EG Shares Emerging Markets Domestic Demand ETF (EMDD). The name might not be too catchy but the exposure seeks to capitalize on the burgeoning middle class in many emerging market countries.The driver of this segment is the demand that arises from more and more citizens of emerging market countries moving into more of a middle class lifestyle. This transition is likely to be steadier than the growth of the broader economies of emerging market countries.
New Fund Targets Emerging Markets Middle Class Growth
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.