Global X Launches Nigeria, Mongolia ETFs: "Global X Funds, the New York-based fund sponsor known for its niche strategies, today is launching two frontier-market-focused ETFs that look to put at investors’ fingertips unprecedented access to Nigeria, Mongolia and Central Asia.
The Global X Nigeria Index ETF (NYSEArca: NGE) is the U.S. ETF market’s first exchange-traded fund to focus exclusively on the most populous country in Africa. The fund tracks a Solactive index designed by Frankfurt-based Structured Solutions AG. It comes with an annual expense ratio of 0.68 percent."
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