Get more! Sign up for PLANSPONSOR newsletters.
Products March 3, 2011
GlobalX Launches Argentina ETF
March 3, 2011 (PLANSPONSOR.com) – FTSE Group has licensed GlobalX Funds to create a new exchange-traded fund (ETF) based on the FTSE Argentina 20 Index.
Reported by PLANSPONSOR staff
The fund, which launched Thursday, is the first ETF globally to target Argentina. It is an expansion of GlobalX’s Latin American fund set, which also includes an ETF based on the FTSE Colombia 20 Index.
This is the sixth GlobalX fund based on FTSE’s regional and country-specific indexes, and the third launched this year, FTSE said.
The FTSE Argentina 20 Index represents the performance of the 20 largest and most liquid companies that directly participate in the Argentine economy but are not listed in Argentina.
More information is at www.ftse.com/Indices/FTSE_Argentina_20_Index/Downloads/FTSE_Argentina_20_Index_Factsheet.pdf .
You Might Also Like:
Retirement Industry People Moves
Turning Technology hires former head of iShares; Principal selects Dessouki as chief marketing officer; and Puerto joins J.P. Morgan Private...
Products |
Investment Product and Service Launches
Schwab Retirement partners with Newport, Conduent to expand DB, NQDC offerings; Franklin Templeton adds fixed-income ETF; PGIM launches new ETFs;...
Products |
Investment Product and Service Launches
BlackRock Debuts First Buffer ETFs; SMArtX Adds 15 Investment Strategies; Fidelity Refiles Spot Bitcoin ETF Application.