First Finland ETF Rolls Out On Thursday

iShares, the world's largest ETF sponsor, will add to an already powerful lineup of country-specific ETFs when the firm introduces the iShares MSCI Finland Capped Investable Market Index Fund ENFL on Thursday Jan. 26, 2012. The iShares Finland ETF will join the iShares MSCI Australia Small Cap Index Fund EWAS as the firm's new product introductions on Thursday. ENFL will also be one of three ETFs the firms has introduced on the BATS Exchange. Five more iShares country-specific funds are slated to traded on BATS as well. The iShares MSCI Finland Capped Investable Market Index Fund will be the firm's third ETF tracking a Nordic country. The iShares MSCI Norway Capped Investable Market Index Fund ENOR debuted earlier this week and the iShares MSCI Sweden Index Fund EWD is one of the more popular ETFs tracking a European country. ENFL is the first ETF devoted exclusively to Finland, the 36th largest economy in the world in 2010, according to the CIA World Factbook. The Global X FTSE Nordic Region ETF GXF, with an allocation of almost 15% to Finland, is one of just a few ETFs offering noteworthy exposure to the country.
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