Van Eck Global is seeking to roll out a new Mongolia exchange-traded fund (ETF), Index Universe reports. The New York-based fund sponsor has also filed with the Securities and Exchange Commission for the same.

The Market Vectors Mongolia ETF will hold around 80% of its assets in companies either based in or listed in Mongolia. Van Eck has not disclosed the fund’s ticker or its annual expense ratio yet.

Click here for the story from Index Universe.