First Trust Puts A Twist On BRIC, Launches “BICK” ETF
April 14, 2010 at 09:52 AM EDT
First Trust announced the launch of a new index fund tracking the economies of the BICK economies, a twist on the popular BRIC bloc of major emerging markets. This new fund also includes exposure to Brazil, India and China, but swaps Russia for South Korea. As such, BICK offers an emerging markets alternative that avoids [...] Related Stories: First Trust Plans Three New ETFs Definitive Guide to BRIC ETFs: BRIC ETF Investing 101 BRIC ETFs In Focus: Obama In Russia, Unrest In China