Global X ETF offers exposure to Norway

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Global X has unveiled an ETF providing exposure to Norway, on NYSE Arca.

The US-based ETF provider says its new FTSE Norway 30 ETF is the first to focus exclusively on the Norwegian market, tracking the FTSE Norway 30 index. The underlying index's three largest constituents are Statoil ASA, DnB Nor and Telenor A/S and is designed to reflect broad-based equity market performance throughout Norway. The new fund focuses in on a market already partly accessible through the similarly named Global X FTSE Nordic 30 ETF. This fund, launched in April 2009, tracks the performance of the 30 largest and most liquid companies in Sweden, Denmark, Norway and Finland. ...

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