Last week I told you about the brand new MLP ETN (IMLP), and now we have another master limited partner exchange traded product hitting the market...
- MLPJ - Global X Junior MLP ETF
The new fund correlates with the Solactive Junior MLP Index and as of today is trading around $15.18. And according to Global X, the new fund is the first and only ETF to specifically target the often overlooked small-cap segment of this market. Because many of these companies are not included in major MLP indices, in many cases they have not experienced the same price growth as their larger counterparts and may offer significant value at current levels.
You can get full details for MLPJ on the fact sheet and that now brings the total amount of MLP ETP's on the market up to a baker's dozen. If you want to see all of them, then check out the...
Perhaps you will find the fowlling link interesting and useful. Appreciate your comment.
http://finance.yahoo.com/news/mlpj-global-x-junior-mlp-181436619.html