AllianceBernstein Holding L.P. (AB) announced the launch of the AB Emerging Markets Opportunities ETF (EMOP) as an actively managed exchange-traded fund on the New York Stock Exchange. This new ETF aims to seek long-term growth of capital.
EMOP will pursue its investment objective by investing at least 80% of its net assets in equity securities of issuers economically tied to emerging markets. The fund will focus on issuers offering compelling profitability prospects, reasonable valuations, and favorable fundamental and quantitative trends.
This launch responds to strong demand for non-US equity exposures, particularly in emerging markets, and reinforces AB's focus on active strategies. AB's dedicated Emerging Markets Equity team, with over 30 years of experience, will manage the fund, combining fundamental research with quantitative tools.
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