A money management firm plans to launch a new series of ETFs designed to tap into China’s growth by investing in China’s top regional trading partners.
Index IQ has filed to start new small-cap, single-country ETFs tracking Hong Kong, Singapore, Indonesia, Thailand, Malaysia and the Philippines, according to ETF Trends.
The New York-based firm also has filed to create new ETFs tracking small-cap companies in Mexico and mid-cap companies in Canada and Japan.
In the meantime, Barron’s blogger Murray Coleman reports that emerging market ETFs still represent 14.5% of the U.S. market’s total asset base, despite losing nearly 11% of their assets so far this year. He relates several other ETF facts based on a new report by BlackRock.