BlackRock's iShares prepares an index ETF focused on Egypt

10/17/2010 | ·

BlackRock's iShares is looking to launch an equity-index exchange-traded fund investing exclusively in Egyptian companies. The iShares MSCI Egypt Capped Investable Market Index Fund would track the MSCI Egypt Investable Market Index, a market-capitalization weighted index linked to companies that trade on Egypt's stock exchanges. The index is designed to capture the performance of the top 99% of the firms according to market cap.

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