- Big Tree Capital launched its Emerging Markets Internet & Ecommerce ETF [EMQQ]. EMQQ will focus on internet and e-commerce use in both emerging and frontier markets. EMQQ will have an annual expense ratio of 86 basis points ($86 for every $10,000 invested) and its primary listing will be on NYSE Arca. The fund will target 26 countries which includes Brazil, China, India and Mexico among others.
- FlexShares launched the FlexShares Credit-Scored US Corporate Bond Index Fund [SKOR]. SKOR is a U.S.-focused investment-graded, intermediate-dated corporate bond fund that has an enhanced beta index designed to help lower risk. The annual expense ratio for SKOR is 23 basis points ($23 for every $10,00 invested) and its primary listing is on the NASDAQ.
- Global X launched the Global X GF China Bond ETF [CHNB]. CHNB will focus on mainland Chinese fixed-income securities. CHNB is only the second such ETF traded on the U.S. market and some initial exposure will come via swaps. CHNB has an annual expense ratio of 48 basis points ($48 for every $10,000 invested) and its primary listing will be on NYSE Arca.