Northern Trust Launches 17th Fund

Northern Trust launched its 17th addition to its ETF family, the Northern Exchange Trades Shares, or NETS, last week with the NETS FTSE CNBC Global 300 Index Fund ETF (MYG). The ETF seeks to return the price and yield of publicly traded securities in the aggregate global market as represented by the FTSE CNBC Global 300 Index. The index comprises the largest 15 stocks by market capitalization from each of the FTSE”s 18 industry classification benchmark supersectors. It also takes the 30 largest emerging makret stocks from the FTSE Emerging All Cap Index.

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