iShares has changed the names of two of its ETFs, effective as at the end of last week.
The iShares FTSE/Xinhua China 25 ETF is now trading as the FTSE China 25, following the index provider's complete acquisition of the Xinhua indices on 16 December. The ETF, launched in 2004, ended last year with over $1.18bn in assets under management (AUM).
Meanwhile the Markit iBoxx Euro High Yield fund, with €352m in AUM, has become the Markit iBoxx Euro High Yield Bond fund. The alteration has been performed in order to bring the product in line with the rest of the iShares bond fund range.
iShares stresses that the name changes do not affect any other aspect of the funds' structure or investment approach.
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