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ETF issuer IndexIQ announced that its IQ Taiwan Small Cap ETF will start trading on Wednesday May 19 under the ticker "TWON." The ETF will trade on the New York Stock Exchange.
TWON will have an expense ratio of 0.79%. The ETF is the fourth international fund focusing on small-caps to be introduced by IndexIQ.
The firm has already introduced the IQ Australia Small Cap ETF
KROO, the IQ Canada Small Cap ETF
CNDA and the IQ South Korea Small Cap ETF
SKOR.
IndexIQ is also planning similar offerings for Hong Kong, Indonesia, Malaysia and Singapore.
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