Busy Day Of New ETF Debuts Ahead For iShares

Coming on the heels of the debut of the iShares MSCI Norway Capped Investable Market Index Fund ENOR, the first ETF to be listed on the BATS Exchange operated by BATS Global Markets, iShares will introduce seven more BATS-listed ETFs today. The funds, which include some first to market offerings will add to iShares' already vaunted lineup of country-specific ETFs. The new ETFs debuting today include the Shares MSCI Australia Small Cap Index Fund EWAS, iShares MSCI Canada Small Cap Index Fund EWCS iShares MSCI Finland Capped Investable Market Index Fund EFNL iShares MSCI Germany Small Cap Index Fund EWGS, iShares MSCI Denmark Capped Investable Market Index Fund EDEN and the iShares MSCI United Kingdom Small Cap Index Fund EWUS. The Australia and Canada offerings will become competitors to the IndexIQ Australia Small-Cap eTF KROO and the IndexIQ Canada Small-Cap ETF CNDA while the iShares MSCI Germany Small Cap Index Fund will be a rival to the Market Vectors Germany Small Cap ETF GERJ. iShares also plans to introduce the iShares MSCI India Index Fund INDA iShares MSCI India Small Cap Index Fund SMIN at a later date. The small-cap offering faces competition in the form of the EGShares India Small Cap ETF SCIN and the Market Vectors India Small Cap ETF SCIF.