SoFi Files Emerging Markets ETF Targeting High-Efficiency Growth Companies

The SoFi Emerging Markets Efficient Growth ETF (EMEG) will track the SIX Emerging Markets Efficient Growth Select Index, which selects 70–120 large- and mid-cap companies across emerging markets with strong operating margins, revenue growth, and corporate productivity. The index weights holdings by free-float market capitalization and is currently concentrated in the semiconductor and semiconductor equipment industry. The non-diversified fund will generally replicate the index and invest at least 80% of assets in its constituent companies.