An ETF that provides broad exposure to securities listed in the Middle East was launched today. The WidsdomTree Middle East Dividend Fund (GULF) provides exposure to 70 dividend-paying companies listed in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar and the United Arab Emirates.
Van Eck Global launched the Market Vectors Africa Index ETF (AFK) today. The new ETF enables investors to access a fast growing market and reach for opportunities beyond the traditional emerging markets.
The Board of Directors of iShares authorized a split of the shares of 15 iShares Funds (listed below) for shareholders of record as of the close of business on July 21, 2008.
The June numbers are in and ETF assets declined $37 billion for the month according to State Street’s June U.S. ETF Snapshot report. The decline was due in large part to significant negative performance in the global equity markets.
PowerShares MENA Frontier Countries Portfolio (PMNA) was launched today.
Vanguard will move 34 ETFs from Amex to NYSE Arca. The move is a result of, and is contingent upon, the merger of Amex and NYSE EuroNext, the holding company for NYSE Arca.
Invesco PowerShares and Deutsche Bank renamed 11 Agriculture, Gold, and Commodity exchange traded notes (ETNs) linked to variations of the Deutsche Bank Liquid Commodity Index.
PowerShares Global Wind Energy Portfolio (PWND) was launched today. The fund is based on an index of global companies that are primarily manufacturers, developers, distributors, installers and users of energy derived from wind sources.
Vanguard’s Total World Stock ETF (VT) began trading today. The fund, which carries an expense ratio of 0.25%, tracks an index of 2,900 stocks in 47 countries.
Barclays iPath launched the first carbon credits ETN today. The iPath Global Carbon ETN (GRN) tracks the Barclays Capital Global Carbon Index Total Return.