Global X has announced the launch of its latest ETF, rolling out a product that will offer exposure to the global food and beverage industry. The new Global X Food ETF (EATX) will seek to replicate the Solactive Global Food Index, a benchmark that consists of about 50 companies engaged in the the agriproduct or livestock operations or in the manufacture, sale or distribution of food products, agriproducts and products related to the development of new food technologies. Approximately half of the underlying holdings will be U.S. stocks, with the remainder spread across China, Switzerland, Japan, the U.K., and several other developed and emerging markets. The largest individual components include Nestle, Danone, Brasil Foods, and General Mills. Driven By Emerging Markets While many of the companies included in the new ETF fall under the umbrella of the U.S. consumer staples sector, EATX may present an opportunity for investors to capitalize [...] Click here to read the original article on ETFdb.com. Related Posts: Best ETF Performers Of 2010: Winners For Every ETFdb Category Ten Proposed ETFs To Be Excited For In 2011 Friday’s ETF To Watch: Food & Beverage ETF (PBJ) Warning: Commodity Surge Could Sink Consumer Staples ETFs Three ETFs To Watch This Week: PBJ, KROO, EZU