Global X Next Emerging & Frontier ETF (EMFM)

Overview

The fund is primarily focused on investing in a mix of securities and depositary receipts that reflect the equity performance of companies in emerging and frontier markets. It commits at least 80% of its total assets to securities of the underlying index as well as ADRs (American Depositary Receipts) and GDRs (Global Depositary Receipts) that are based on these securities. This strategic approach ensures investment in a diversified portfolio that captures the growth potential of select emerging and frontier markets while managing risk by maintaining diversification across different countries, sectors, and issuers.

Products and Services

• Securities of the Underlying Index:

  These are primary investments of the fund, constituting at least 80% of its total assets. The selection of securities is based on the fund’s underlying index, which is designed to track the equity performance of companies in specific emerging and frontier markets.

• American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs):

  The fund invests in ADRs and GDRs as a means to gain exposure to foreign securities. ADRs represent shares in foreign companies that are traded on U.S. stock exchanges, whereas GDRs are similar to ADRs but are traded on global and European exchanges. These instruments allow the fund to invest in the securities of emerging and frontier markets companies while offering the flexibility and the efficiency of trading in domestic and international markets.