
iShares to Add International Financial ETFs

By Don Dion
About this article:
Yesterday I commented on iShares' recent registration of a pair of exchange-traded funds designed to provide investors with exposure to the emerging markets from a sector perspective. On top of these new instruments, iShares is also preparing two additional international sector ETFs designed to provide investors with exposure to the financial industries of developed nations in Europe and the Far East.
The iShares MSCI Europe Financial Sector Index Fund seeks to replicate the performance of its underlying index, the MSCI Europe Financial Sector Index. According to the fund prospectus, this index consists of 105 securities, including banks, diversified financial companies, insurance companies and real estate companies, from the developed markets of Europe. Geographically, 15 nations, including Austria, the U.K., Belgium, Norway, Portugal and Greece, are represented in this index.
The second fund, the iShares MSCI Far East Financial Sector Index Fund, seeks results that correspond...

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