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Global X Launches Cheapest MLP ETF Yet (MLPX)

By: ETFdb
The bears are back on Wall Street as recent commentary from several Fed officials has served to remind investors that policymakers are preparing to scale back on stimulus as soon as this September. While a reduction in bond-repurchases should be seen as confirmation of the domestic recovery moving on track, investors are still worried about meaningful economic growth, especially after last Friday’s lackluster employment report [see Want A Simple, 3-ETF Portfolio? Here Are 25 Of Them]. Nonetheless, the bulls remain very much in the driver’s seat and the product development front has remained very active throughout the summer months. Global X expanded its lineup of niche strategies with the launch of the cheapest MLP exchange-traded fund yet: the MLP & Energy Infrastructure ETF (MLPX). MLPX Takes the Lead in Race to Rock-Bottom Fees The new ETF expands the firm’s reach in the MLP space, which continues to hold tremendous appeal [...] Click here to read the original article on ETFdb.com. Related Posts: MLP ETPs: 3 Things To Consider MLP ETFs Have Post-Election Hangover Guide To MLP ETFs (And ETNs) AMJ Gets A Cap: MLP ETFs In Focus MLP Exposure: ETF or ETN?
The bears are back on Wall Street as recent commentary from several Fed officials has served to remind investors that policymakers are preparing to scale back on stimulus as soon as this September. While a reduction in bond-repurchases should be seen as confirmation of the domestic recovery moving on track, investors are still worried about meaningful economic growth, especially after last Friday’s lackluster employment report [see Want A Simple, 3-ETF Portfolio? Here Are 25 Of Them]. Nonetheless, the bulls remain very much in the driver’s seat and the product development front has remained very active throughout the summer months. Global X expanded its lineup of niche strategies with the launch of the cheapest MLP exchange-traded fund yet: the MLP & Energy Infrastructure ETF (MLPX). MLPX Takes the Lead in Race to Rock-Bottom Fees The new ETF expands the firm’s reach in the MLP space, which continues to hold tremendous appeal [...]

Click here to read the original article on ETFdb.com.

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