Market Vectors unveils first US-listed Vietnam ETF

The fund tracks the Market Vectors Vietnam index, which is calculated and maintained by Standard & Poor's. Around 70% of the index comprises securities of companies domiciled and primarily listed on an exchange in Vietnam, which also generate at least 50% of their revenues from the country. The other 30% of the index consists of offshore companies which generate at least 50% of their revenues from Vietnam, or show a significant or dominant position in the Vietnamese market, with expected growth. The index represented 28 companies in eight sectors, as of July 31, weighted at 37% financial...