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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Structured Solutions AG

Global X to launch first social media ETF

Posted by RJ and Makay on Aug 24, 2011

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Global X Funds has applied for regulatory approval to launch an exchange-traded fund (ETF) that will invest in social networking stocks. The New York-based company is the first to roll out an ETF geared toward social media. The fund will track the Solactive Social Media Index now under development by German company Structured Solutions AG.