FTSE Group, a leading global index provider headquartered in London, has announced that there are now more than 100 exchange-traded funds (ETFs) listed in North America which are based on FTSE indices .

Jonathan Horton, President of FTSE Americas and Head of FTSE’s ETP Service Unit.

The milestone was reached following a spate of new ETF launches, including products from emerging markets specialist Emerging Global Advisors (EGA) and passive investment giant Vanguard.

New FTSE-linked launches from EGA include the EGShares Emerging Markets Dividend Growth ETF (EMDG), benchmarked to the FTSE Emerging All Cap ex Taiwan Diversified Capped Dividend Growth 50 Index, and the EGShares EM Dividend High Income ETF (EMHD), which is linked to the FTSE Equal Weighted Emerging All Cap ex Taiwan Diversified Dividend Yield 50 Index. This latter fund made its debut yesterday.

Vanguard’s recent FTSE-linked ETF launches include the Vanguard FTSE Canada All Cap Index ETF (VCN), tied to the FTSE Canada All Cap Index, and the Vanguard FTSE Developed ex North America Index ETF (VDU), which is based on the FTSE Developed ex North America Index.

In total, eleven issuers across the United States and Canada offer a combined 102 ETFs tracking FTSE benchmarks. These funds are spread across FTSE’s equity, fixed income, real estate, yield and alternatively weighted indices.

Jonathan Horton, president of FTSE Americas and head of the firm’s ETP Service Unit, said: “We are delighted to have reached this important milestone which underscores FTSE’s position as a leading global provider of tradable benchmarks.”

He added: “By emphasizing representativeness and tradability at the point of index construction and on-going high standards of governance and transparency, FTSE is well positioned to continue to deliver innovative index solutions which underpin the next generation of ETFs.”

Globally, FTSE is the third largest equity ETF index provider, with indices licensed to nine of the top ten issuers. Across all asset classes and geographies, assets under management within FTSE-linked ETFs exceed $170 billion.

The index provider made headlines in October last year when Vanguard revealed its decision to replace index behemoth and rival MSCI with FTSE as the underlying index provider for six major international equity ETFs. Among these funds was Vanguard’s popular emerging markets ETF – the world’s largest – which has since been renamed Vanguard FTSE Emerging Markets ETF (VWO).