In a filing submitted to the Securities and Exchange Commission, State Street has requested permission to launch an emerging markets ETF that bypasses BRIC economies.
In a filing submitted to the Securities and Exchange Commission, State Street has requested permission to launch an emerging markets ETF that bypasses BRIC economies.
“The SPDR MSCI Beyond BRIC ETF…seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the emerging markets of the world, excluding Brazil, Russia, India, and China,” the filing says.
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