iShares Launches Peru ETF, Argentina Up Next?

Michael Johnston — Wed, 24 Jun 2009 06:10:23 +0000

Score one for Goliath. Three weeks after Global X announced that it would launch the first ETF investing exclusively in Peruvian equities, iShares beat its much smaller rival to the punch, launching the MSCI All Peru Capped Index Fund (EPU). EPU, which has an expense ratio of 0.63%, provides investors with an opportunity to invest in one of the world’s most promising markets. “With the fastest growing economy in Latin America and one of the lowest inflation rates in the region, Peru’s essentially untapped market offers diversification benefits and poses an attractive opportunity to investors,” said Daniel Gamba, CEO of Latin America for iShares. The launch of EPU follows on the heels of iShares Emerging Markets Infrastructure ETF (EMIF) launched late last week. It’s evident that following its agreement to be sold to BlackRock, iShares isn’t resting on its laurels, continuing its push into the emerging markets ETF arena that has [...]

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iShares Launches Peru ETF, Argentina Up Next?

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