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Emerging-Market ETFs Split Growth, Value

NEW YORK—Investors looking to sink money into emerging markets can now use exchange-traded funds to split their exposure in the sector into growth and value plays.

The products were launched Tuesday by ETF provider Global X Funds in conjunction with index giant Russell Indexes in a move that gives investors an easier way to allocate their assets in emerging markets.

While emerging markets in the past were considered purely growth, given strong gains in stocks exposed to the rapid change and industrialization in countries like China, India and Brazil, data from Russell indicate some stocks in the sector are exhibiting …

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