AllianceBernstein Holding L.P. and AllianceBernsteinL.P. announced the launch of AB Emerging Markets Opportunities ETF ("EMOP") as an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Global trading firm Jane Street is the Lead Market Maker for the Fund. EMOP is an actively managed ETF whose investment objective is to seek long-term growth of capital.
The Fund intends its investment objective by investing, under normal circumstances, at least 80% of its net assets in equitysecurities of issuers that are economically tied to emerging markets. The Fundinvests in equitysecurities of issuer that are determined by AB to offer compelling profitability prospects, reasonable valuations, and favorable fundamental and quantitative trends.
