The American Stock Exchange announced that it launched trading in three new ETFs by Northern Trust Global Investments: NETS S&P/MIB Index Fund (Amex: ITL), NETS FTSE/JSE Top 40 Index Fund (Amex: JNB), and NETS FTSE Singapore Straits Times Index Fund (Amex: SGT).
ITL aims to track the price and yield performance of publicly-traded securities in the aggregate in the Italian equity markets, as represented by the S&P/MIB Index. The Index is a free float adjusted, market capitalization-weighted index consisting of stocks traded primarily on the Borsa Italiana.
JNB aims to track the price and yield performance of publicly-traded securities in the aggregate in the South African market, as represented by the FTSE/JSE Top 40 Index. The Index is a free float adjusted, market capitalization-weighted index consisting of stocks of the 40 largest companies traded primarily on the Johannesburg Stock Exchange.
SGT aims to track the price and yield performance of publicly-traded securities in the aggregate in the Singapore markets, as represented by the FTSE Singapore Straits Times Index. The Index is a free float adjusted, market capitalization-weighted index consisting of 50 of the most liquid stocks, based on average daily trading volume, traded primarily on the Singapore Stock Exchange.
"Amex is pleased to support Northern Trust in growing their family of NETS ETFs," said Scott Ebner, Senior Vice President of the American Stock Exchange ETF Marketplace. "These new products track globally recognized, international benchmark indexes." -- www.amex.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
