Blackrock ETF offers UAE exposure - MENA Fund Manager

BlackRock has launched a new exchange-traded fund, which will invest in frontier markets including the United Arab Emirates (UAE).

BlackRock's iShares MSCI Frontier 100 Index Fund will focus on frontier market securities that are screened for liquidity and track the MSCI Frontier Markets 100 Index, according to a company statement.

Currently the index includes markets such as the UAE, Croatia, Argentina, Nigeria and Vietnam and is one of only four other frontier markets ETFs available in the US.

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