Global X Plans Two MLP ETFs

Global X Funds is planning to launch two master limited partnerships related exchange-traded funds.

Global X Funds is planning to launch two master limited partnerships (MLPs)-related exchange-traded funds (ETFs), Index Universe reports. The Global X MLP Infrastructure ETF will replicate the performance of the Solactive MLP Infrastructure Index, adds ETF Daily. The Global X MLP Natural Gas ETF will track the performance of the Solactive MLP Natural Gas Index. The new vehicles may use derivative instruments, including futures, options and swap contracts in their portfolios.

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