Emerging Global Advisors Introduces a Diversified Emerging Market ETF
Capitalizing upon the current popularity of emerging ETFs, Emerging Global Advisors has launched its second exchange-traded fund of 2009. The new fund, named Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund (EEG: Quote, Profile, Advanced Chart, News), seeks to track the Dow Jones Titan Index, but with several amendments to the original [...]
Investors Now Have Access to Kuwait Through Country’s First ETF
The Middle Eastern markets continue to grow in popularity among international investors and Kuwait will now be accessible via a new ETF to capture the country’s performance. The new ETF, known as the Lyxor FTSE Coast Kuwait ETF (LKUU), will be trading on the London Stock Exchange and track the FTSE Coast Kuwait 40 Index. [...]
Van Eck Unveils ETF to Track New Dow Jones Gulf Index
The newly introduced Dow Jones GCC Titans 40 Index now has a Van Eck ETF to track its performance. The ETF, known as Market Vectors-Gulf States Index ETF (MES), is designed to follow the Gulf Cooperation Council member states, according to Business Wire. MES is set to trade on the NYSE Arca exchange and is [...]
New ETF from WisdomTree Captures Middle Eastern Markets
Investors now have a vehicle to track the performance of the Middle East region. WisdomTree has just debuted its newest ETF on the Nasdaq Stock Market, known as WisdomTree Middle East Dividend Fund (GULF). Business Wire reports that GULF will provide exposure to about 70 dividend-paying companies located in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, [...]
Van Eck Developing ETF to Track New Dow Jones Gulf Index
The Dow Jones GCC Titans 40 Index has now been introduced, and Van Eck Global will issue the first ETF to follow the Gulf Cooperation Council member states. Market Watch reports that the new index is made up of 40 components that trade in five out of the six GCC member states of Bahrain, Kuwait, [...]
New Frontier Market ETF from Claymore Has Expanded to 17 Countries
On June 12, 2008, Claymore Securities and The Bank of New York Mellon pioneered the only U.S.-listed frontier market ETF, known as Claymore/BNY Mellon Frontier Markets ETF (FRN). Two weeks after the launch of FRN, Claymore has announced a change to the underlying index meant to rebalance the markets. As a result of the change, [...]
MSCI To Make Country Market Reclassifications within the Year
By June of 2009, a handful of countries could have a new MSCI market classification. MSCI Barra has begun discussions on the potential upgrade of South Korea and Israel. Polya Lesova of Market Watch writes that the two countries, currently listed as emerging markets, may be raised to developed market status. South Korea’s currency convertibility [...]
