iShares has expanded its family of Emerging Markets ETFs with the launch of the iShares MSCI Emerging Markets Europe Index Fund (ESR).

ESR tracks the MSCI Emerging Markets Index.  The free float-adjusted market capitalization index is designed to measure equity market performance of four emerging market countries: The Czech Republic, Hungary, Poland and Russia.

According to iShares, Eastern Europe is a region poised for potential growth, and presents significant opportunity for investors. The new ETF is intended to help provide investors with the ability to tactically take advantage of market opportunities within difficult-to-access markets, and allow others to strategically increase their current emerging markets allocation.

For more ETF investing choices, see the special report Investing in Emerging Markets with Exchange Traded Funds.