Rochester, NY 8/7/2009 7:52:55 PM
News / Business

Ishares Msci E.M.I.F, EEM - Launches Composite ETF

ISHARES MSCI E.M.I.F

ISHARES MSCI E.M.I.F, EEM

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ISHARES MSCI the third emerging market sector exchange-traded fund launched on Wednesday, this time adding top stocks from a composite index of 10 sectors spanning 15 countries. The name of the new ETF is a mouthful—the Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund. Its sponsor is Emerging Global Advisors, which is responsible for coming to market in May with the first sector-focused emerging markets ETFs so far.

Those are the Emerging Global Shares Dow Jones Emerging Markets Energy Fund and the Emerging Global Shares Dow Jones Emerging Markets Metals & Mining Titans Index Fund.

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