ETF Trends
ETF Trends

We may have a new global region added to the list of exchange traded funds in the near future – Turkey.  Finans Asset Management launched the first ETF in Turkey in January 2005, the Dow Jones Istanbul 20 ETF.  This ETF tracks the performance of the largest blue-chips in Turkey.  In December 2005 another ETF was launched, the Non-Financial Istanbul 20 ETF, which tracks the performance of the largest industrial blue-chips of Turkey.  The provider will soon launch Turkish Smaller Companies Istanbul 25 ETF.

These ETFs are listed on the Istanbul Stock Exchange, however the company is working on a listing in the European markets in fourth quarter of this year.  Could this mean they come to the U.S. markets soon after?

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.