Source boosts BRIC ETF offering

The funds provide exposure to the MSCI Brazil, MSCI China and MSCI India total return indices, and supplement Source's existing emerging markets offering, comprising the MSCI Emerging Markets and the RDX (Russia) ETFs. The launch means that investors can now use Source ETFs to access each of the individual BRIC countries, as well as broad emerging markets. According to latest figures from Deutsche Bank, emerging market ETFs domiciled in Europe have seen inflows nearly double those of their European equity counterparts so far this year. Source says that low rates and uncertainty amo...