iShares Rolls Out Three New International ETFs

After watching rival Vanguard roll out more than a dozen domestic equity ETFs earlier this month, iShares continues to focus its attention on international stock markets, rolling out three new ETFs on Wednesday. The new funds include the MSCI Philippines Investable Market Index Fund (EPHE), MSCI Small Cap Brazil Index Fund (EWZS), and MSCI Small Cap China Index Fund (ECNS). The Philippines ETF will be the first of its kind to hit the U.S. market, while the other new products from iShares will go head-to-head with existing ETFs from Van Eck and Guggenheim. Philippines: An ETF First EPHE will seek to replicate the performance of the MSCI Philippines Investable Market Index, a benchmark that measures the performance of equity securities in the top 99% by market capitalization of stocks listed on stock exchanges in the Philippines. The index currently has about 27 securities, with a heavy tilt towards financials: that sector [...] Click here to read the original article on ETFdb.com. Related Stories: iShares Rolls Out Nine Ex-U.S. Sector ETFs iShares Launches Five International Sector ETFs EGA Plans Targeted BRIC ETFs