Why EM Ex-China? Why EMM?

Apr 1, 2024


On April 1, 2024, the Global X Emerging Markets ETF (EMM) was renamed the Global X Emerging Markets ex-China ETF. Given increased demand for an ex-China product, and the fact that Global X currently provides China exposure in the context of global emerging markets (EMs) via the Global X Emerging Markets Great Consumer ETF (EMC) and more directly via the Global X MSCI China Consumer Discretionary ETF (CHIQ), the firm has pivoted EMM into an EM ex-China strategy. The fund’s investment objectives, process, and management team all remain the same. View the full report here.

Category: Articles

Topics: Emerging Markets

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic, or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

EMM is actively managed, which could increase its transaction costs (thereby lowering the fund’s performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. As an actively managed fund, EMM does not seek to replicate a specific index. There can be no guarantee that active management strategies and processes will be successful.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the fund’s full or summary prospectuses, which may be obtained at Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.