iShares adds 'building block' ETFs

iShares has released three equity ETFs as 'building blocks' for country exposure and four fixed income ETFs. The iShares MSCI Europe ex-EMU provides exposure to the UK, Switzerland, Sweden, Denmark and Norway, offering such coverage of these countries for the first time. The iShares FTSE Developed World ex-UK delivers international coverage of over 30 countries, including the US, Japan, Hong Kong, Australia, France and Germany, allowing investors to avoid overweighting exposure to the UK market. This ETF also marks a first in terms of the style of coverage, says iShares. ...