EGShares Launched EGShares India Infrastructure ETF Wednesday, August 11, 1:47 PM ET
EGShares launched the EGShares India Infrastructure ETF (INXX). The Emerging Global Shares Indxx India Infrastructure Index Fund invests in thirty of the largest locally traded Indian companies dedicated to the infrastructure industry.
The Indxx India Infrastructure Index is a thirty stock index with a mean free float market capitalization of $11.19 billion. INXX charges a net expense ratio of 0.85%, or gross expense ratio of 1.58%.
The EGShares India Infrastructure ETF is the eighth ETF to be introduced by EGShares. Other ETFs include the EGShares India Small Cap ETF (SCIN), EGShares Brazil Infrastructure ETF (BRXX), EGShares China Infrastructure ETF (CHXX), EGShares Emerging Markets Metals/Mining ETF (EMT), EGShares Emerging Markets Energy ETF (EEO), EGShares Emerging Markets Financials ETF (EFN) and the EGShares Emerging Markets Composite ETF (EEG).
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