Even though investors were momentarily gun shy about investing internationally after February’s Shanghai Surprise, interest in gaining exposure to ex-US stocks has once again gained its former allure. Ready to meet the demand is a suite of six recently launched emerging market SPDRs. All six are listed on the American Stock Exchange, track Standard & Poor’s indexes, and charge 60 basis points in expenses.
State Street Global Advisors unveiled six emerging markets SPDRs at the end of March. These ETFs are competitively priced at 60 basis points apiece and track the relevant float-adjusted S&P/Citigroup Broad Market index for their region. They are: Emerging Markets (AMEX: GMM), Emerging Asia Pacific (AMEX: GMF), China (AMEX: GXC), Emerging Europe (AMEX: GUR), Emerging Latin America (AMEX: GML), Middle East and Africa (AMEX: GAF).