Some new ETFs tackle investors' income focus.

New products and changes introduced over the last week include two ETFs from Global X; a wealth management cloud platform from Advisor Software; and a B2C service from EF Hutton.

Also, New York Life announced a fixed deferred annuity while New York Life Retirement Plan Services added an enhancement to its mobile app; PDQ ATS became available as an order routing destination on Instinet’s Newport 3 platform; and the Global Industry Classification Standard (GICS) will add real estate as a separate headline sector in 2016.

Here are the latest developments of interest to advisors:

1) Global X Funds Adds Two ETFs

Global X Funds has announced the launch of the Global X SuperDividend Emerging Markets ETF (SDEM) and the Global X SuperDividend REIT ETF (SRET). The funds are designed to include more focused exposure to high-dividend payers by specific geography and asset class type.

SDEM provides exposure to 50 of the highest dividend-paying equities in the emerging markets. Eligible countries include Brazil, Chile, China, Colombia, CzechRepublic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Thailand, Turkey, and United Arab Emirates. To qualify as a holding, dividends must have been paid consistently in each of the last two years.

SRET, based on the Solactive Global SuperDividend REIT Index, also a recent launch, will access 30 of the highest-dividend-yielding REITs in the world with features to reduce volatility. The index screens for the 60 highest-yielding REITs, but then selects the 30 that demonstrated the lowest recent volatility.

2) Advisor Software Launches Wealth Management Cloud Platform

Advisor Software, Inc. has announced the launch of its wealth management cloud, a scalable and integrated suite of services.

Among the customizable solutions the platform offers are goal-based financial and investment planning; portfolio management, analysis and rebalancing; digital financial advice; and more.

3) EF Hutton Launches B2C Service

EF Hutton Financial Corp. has announced the launch of GATEWAY, a business-to-consumer Internet service that puts consumers in touch with independent financial professionals across a range of financial service lines.

The service is free to consumers and allows them to access a range of services, including retirement, insurance, financial planning, tax, trusts and estates, real estate, and many other financial services. Clients can book appointments with providers of their choice without leaving the website. The web-based service model has similarities to Uber in that EF Hutton receives a portion of service revenues, and similar to Angie’s List in that it qualifies the service providers on the network.

4) New York Life Adds Fixed Deferred Annuity; Retirement Arm Updates App

New York Life has announced the addition of its Clear Income Fixed Annuity, a fixed deferred annuity with a guaranteed lifetime withdrawal benefit that allows assets to grow while allowing annuitants to retain control of their money.

In addition, New York Life Retirement Plan Services has announced an enhancement to its mobile app MyLifeNow that allows retirement plan participants to use the app to make transactions, including reviewing and changing their contribution percentage rates and enrolling in their plan’s auto-increase capability.

5) Instinet Offers PDQ ATS as Routing Destination

PDQ Enterprises has announced that its PDQ ATS equity trading venue has become available as a routing destination on Instinet’s Newport 3 platform.

PDQ ATS is a trading platform that aggregates unique liquidity by utilizing technology that focuses on holistic execution, rather than solely on speed.

6) GICS Will Add Real Estate in 2016

The Global Industry Classification Standard (GICS) will add real estate as a separate headline sector, according to a decision by S&P Dow Jones Indices and MSCI Inc.

The new real estate sector, including listed equity REITs, will be separated from the financials headline sector on August 31, 2016. Mortgage REITs will remain within the financials sector.

Read the March 15 Portfolio Products Roundup at ThinkAdvisor.