iShares has listed nine international sector ETFs on NYSE Arca, offering exposure to both developed and emerging markets.
The funds replicate MSCI All Country World ex-USA sector indices, each with a total expense ratio of 0.48%.
The underlying indices cover sectors including consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, telecommunication services and utilities.
iShares head of product research and development Noel Archard says: "We are expanding our international sector offering with the iShares MSCI ACWI ex US sector funds because as financial advisors increasingly fine tune their clients' international exposure and institutional investors become more tactical internationally, we can make it easier for them to access the markets more efficiently."
iShares has over 430 funds globally, investing in equities, fixed income and commodities, which trade on 16 exchanges worldwide.
Since November 2008
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client