Global X Proposes Two MLP ETFs

Global X, the fast-growing ETF issuer known for its lineup of commodity-focused funds, announced more plans for expansion in the space with the filing for two new MLP ETFs. If approved, the new funds would mark Global X’s first move into the increasingly popular space that has attracted billions of dollars over the last few years. This movement to MLPs has generally been thanks to the higher yields that these products can offer investors over other corners of the market, making them both ideal plays for the long term and intriguing short term plays that can wade through volatility. The two proposed Global X products include: Global X MLP Infrastructure ETF: This proposed fund would seek to replicate the Solactive MLP Infrastructure Index, a benchmark that is intended to give investors exposure to the energy infrastructure Master Limited Partnership asset class. Companies in this fund look to be engaged in the transportation or storage of [...] Click here to read the original article on ETFdb.com. Related Posts: UBS Debuts Wells Fargo MLP ETN (MLPW) MLP ETFs: Fact And Fiction ALPS Launches First MLP ETF (AMLP) UBS Launches New Natural Gas MLP ETN (MLPG) MLP Exposure: ETF or ETN?