State Street files for non-BRIC EM ETF

By Staff | August 30, 2013 | Last updated on August 30, 2013
1 min read

In a filing submitted to the Securities and Exchange Commission, State Street has requested permission to launch an emerging markets ETF that bypasses BRIC economies.

Read: Small businesses should consider emerging markets

“The SPDR MSCI Beyond BRIC ETF…seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the emerging markets of the world, excluding Brazil, Russia, India, and China,” the filing says.

Click here for the full text.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.