Scotia Global Asset Management has today announced the launch of their new ETF on the NEO Exchange, the Scotia Emerging Markets Equity Index Tracker ETF (SITE). SITE looks to track the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. The launch is the ninth installment from Scotia with the other eight funds also trading on NEO.
ETF Newz Says:
SITE will be market capitalization-weighted and will be sub-advised by State Street Global Advisors.