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EMMT

After adding more than 100 new funds and taking in nearly $120 billion in cash in 2009, it seemed that the ETF industry would be hard-pressed to match that impressive pace in 2010. But an action-packed January that saw more than a dozen new funds, setting a pace that would shatter last year’s expansion. The ETF screener now contains more than 940 funds, and could surpass the 1,000 ETF mark in the second quarter.  [click to continue…]

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iShares Launches Five International Sector ETFs

by Eric Dutram on January 22, 2010

iShares, the San Francisco-based issuer behind nearly 200 ETFs, announced today the launch of five new international sector funds. The five funds, which include four financial ETFs and one materials ETF, expands iShares offerings in the international segment allowing investors to exploit regional differences in sector performance. The new ETFs include the MSCI ACWI ex US Financials Sector Index Fund (AXFN), MSCI Emerging Markets Financials Sector Index Fund (EMFN), MSCI Europe Financials Sector Index Fund (EUFN), MSCI Far East Financials Sector Index Fund (FEFN), and MSCI Emerging Markets Materials Sector Index Fund (EMMT). [click to continue…]

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