BlackRock's ETF arm iShares has listed three single country MSCI funds on NYSE Arca in the US.
The latest offering includes the iShares MSCI Ireland Capped Investable Market Index fund, MSCI Indonesia Investable Market Index fund and the MSCI USA Index fund. These ETFs join the issuer's range of single country funds, which iShares says is the largest offering in terms of the number of products available in the US. The Ireland fund provides exposure to a developed market economy which iShares says is stabilising in terms of unemployment and consumer spending. The underlying MSCI index is a free-float adjusted market capitalisation weighted benchmark, designed to measure the t...
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