New issue from iShares
Starting from November 30th 2007, 4 new ETFs respectively on global water, private equity, BRIC and UK real estate
Nov 28 2007 - 16:55
Borsa Italiana welcomes 4 new ETFs listed on the Open-end Index Funds - class 2 segment of ETFplus market issued by European Exchange Traded Fund Company plc (iShares group): "iShares FTSE EPRA/NAREIT UK Property Fund", "iShares S&P Global Water", "iShares S&P Listed Private Equity", "iShares FTSE BRIC 50".
The investment target of the new ETFs is to mirror the performance of their benchmark indices:
FTSE EPRA/NAREIT UK Index:
It is a sub-set of the FTSE EPRA/NAREIT Global Real Estate Index Series and is designed to track the performance of real estate companies and REITS listed on the London Stock Exchange. The index constituents are free-float adjusted, liquidity, size and revenue screened.
S&P Global Water Index:
It includes 50 of the largest publicly traded stocks from companies involved in some aspect of the water business around the world. To ensure investability, a developed market listing, a minimum market capitalization, and a liquidity requirement have been set.
S&P Listed Private Equity Index:
It is comprised of 30 leading listed private equity companies from North America, Europe and the Asia Pacific, that meet size, liquidity, exposure and activity requirements and which are trading on developed market exchanges.
FTSE BRIC 50 Index:
It represents the performance of the 50 biggest companies by full market capitalisation, that trade as either depositary receipts (DRs) for Brazilian, Indian or Russian companies, or H shares for Chinese companies. The index provides a highly-liquid BRIC basket that can be easily traded, and aims to represent the free-float adjusted capitalisation of the underlying securities.
Please download the relevant public notice:
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