iShares Launches 5 International Sector ETFs
Sunday, January 24th, 2010ETF Database submits:
iShares, the San Francisco-based issuer behind nearly 200 ETFs, announced today the launch of five new international sector funds. The five funds, which include four financial ETFs and one materials ETF, expands iShares offerings in the international segment allowing investors to exploit regional differences in sector performance. The new ETFs include the MSCI ACWI ex US Financials Sector Index Fund (AXFN), MSCI Emerging Markets Financials Sector Index Fund (EMFN), MSCI Europe Financials Sector Index Fund (EUFN), MSCI Far East Financials Sector Index Fund (FEFN), and MSCI Emerging Markets Materials Sector Index Fund (EMMT).
“With the addition of these iShares MSCI International Sector Funds, individuals, financial professionals and institutions will now have access to one of the most comprehensive sector offerings, including U.S. sector/subsector, global sector, and now international sector ETFs,” said Michael Latham, co-CEO of iShares at BlackRock. “We are excited to expand our international financial and materials sector fund offerings as it is an underserved segment of the market and one that continues to draw strong investor demand.”
