Emerging Global Advisors, an asset management company focused exclusively on emerging markets and the sub-advisor to the EGShares family of exchange-traded funds (ETFs), announced today that it has renamed its EGShares High Income/Low Beta ETF to the EGShares Low Volatility Emerging Markets Dividend ETF. The fund’s NYSE Arca ticker “HILO” remains unchanged, as does the fund’s methodology.

HILO, a passively managed ETF composed of low volatility stocks, is designed to provide high dividend income but have lower volatility than the MSCI Emerging Markets Index. The fund seeks to replicate the INDXX Low Volatility Emerging Markets Dividend Index, a composite of 30 stocks from 13 emerging markets countries, which has a yield of 6.79 percent iii. HILO does not use options, swaps, or other derivatives in its portfolio.

“HILO is the first emerging markets equity ETF based on an index whose design addresses both dividend yield and volatility,” said Robert C. Holderith, EGA’s founder and president. “We renamed the fund EGShares Low Volatility Emerging Markets Dividend ETF to address the conversation most pertinent to investors.”

For more information on HILO, please visit www.egshares.com/hilo.

About Emerging Global Advisors

Based in New York City, Emerging Global Advisors LLC is an independent investment advisory firm and the sub-advisor to the EGShares family of exchange-traded funds (ETFs). The EGShares offerings are designed to provide investment exposures that allow more accurate targeting of important emerging market opportunities. More information on the firm and its investment products can be found at www.egshares.com.

Index returns do not represent actual ETF performance and are for illustration purposes only. Index performance does not reflect charges and expenses associated with the fund or brokerage commissions associated with buying and selling exchange traded funds. Past performance is no guarantee of future results. The fund is new and therefore does not have a performance history of its own. Portfolio yield can change as fund prices change. Companies can discontinue, lower or raise future dividend payouts. You cannot invest directly in an index.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds 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 you invest.

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. Brokerage fees do apply.

Robert Holderith is a registered representative of ALPS Distributors, Inc.

Distributed by ALPS Distributors, Inc.

i As of market close 10/24/11

ii Index yield refers to a one-year trailing dividend yield, which shows a company’s actual dividend payments relative to its share price over the previous 12 months.

Copyright Business Wire 2010