iShares MSCI Russia ADR/GDR UCITS ETF
Each issue, we look at an ETF with a particularly interesting chart and explain the market forces behind its performance. This time, we look at the iShares MSCI Russia ADR/GDR UCITS ETF, an ETF which has around £161 million in assets under management and has been up and down like a yoyo in the last year.
AUG 28 Russia begins the buildup to the winter Olympics. It is not without controversy. Russia deeply opposes any further Western involvement in Syria.
OCT 18 Russia begins the buildup to the winter Olympics. It is not without controversy. Russia deeply opposes any further Western involvement in Syria.
DEC 5 Ukraine leader's meet with Russian President Vladimir Putin. Thousands gather in Kiev's Independence Square to demand the government's resignation.
MAR 13 The ETF plunges by nearly 30 percent from October highs as Russian/Ukraine tensions mount. Pro-Russian demonstrations take place in several Ukraine cities.
APR 25 Columns of military trucks leave the Russian/Ukraine border. A summit convenes in Brussels to discuss measures supporting Ukrainian military and isolating Russia.
JUL 17 Malaysian Airlines flight MH17, carrying 295 people, crashes in east Ukraine on a flight from Amsterdam to Kuala Lumpur.