Van Eck releases Poland fund

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Van Eck Global has released an ETF providing exposure to Poland on the NYSE Arca platform.

The Market Vectors Poland ETF replicates the performance of a rules-based, capitalisation-weighted index, tracking publicly traded companies. In order to be eligible for inclusion in the Market Vectors Poland index, the companies must be domiciled and primarily listed on an exchange in Poland, or generate at least 50% of their revenue in the country. The underlying index has 26 constituents as of October 31, with the top component sectors consisting of financials at 40.3%, energy at 13.6% and industrials at 11%. The index also had a 60% weighting in small and mid-cap stocks, as of the...

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