Two weeks ago, iShares launched more single-country exchange traded funds (ETFs), but they’re not done traveling around the world just yet.
According to Matt Hougan for Index Universe, the provider filed with the Securities and Exchange Commission (SEC) for yet more funds, including:
- iShares MSCI Emerging Markets Eastern Europe
- iShares MSCI All Country Asia ex-Japan
- iShares FTSE China (HK Listed)
The Eastern Europe fund will join the similar SPDR Emerging Europe (GUR) as funds for the region. iShares already has one China fund, the FTSE/Xinhua China 25 (FXI). The new fund will be broader, with about 80 components.
Meanwhile, Claymore has filed with the SEC to create an ETF tracking frontier markets. There is no frontier market ETF available on U.S. exchanges at the moment, but Europe recently launched some, so the heat is on. The Claymore/BNY Frontier Select DR Index Fund would track an index with 26 companies from a universe of 40 frontier markets.
Such a fund would allow investors to access the farthest corners of the world, such as Vietnam and Cambodia.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. 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.