BlackRock announced that the iShares exchange traded funds (ETF) business, the world’s largest provider of ETFs, launched three new emerging markets funds on the NYSE Arca.
The new emerging market ETFs are:
- iShares MSCI Brazil Small Cap Index Fund (NYSEArca: EWZS)
- iShares MSCI China Small Cap Index Fund (NYSEArca: ECNS)
- iShares MSCI Philippines Investable Market Index Fund (NYSEArca: EPHE)
This brings the iShares family of single-country ETFs to more than 30, and the total number of emerging market countries represented to 18. They are intended to help investors diversify their portfolios and get more access to small-cap stocks overseas. [Another iShares ETF Launch.]
Tisha Guerrero contributed to this article.
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