Tuesday 19 June 2018

First Saudi Arabia ETF launches in Europe | Financial Times

First Saudi Arabia ETF launches in Europe | Financial Times:

"The first exchange traded fund offering investors in Europe exposure to Saudi Arabia has been launched by Invesco. The Invesco MSCI Saudi Arabia UCITS ETF, which will be available on the London Stock Exchange, tracks the MSCI Saudi Arabia 20/35 index, which includes 22 companies and equates to around 85 per cent of the free float market in Saudi Arabia. The launch comes amid increasing investor interest in the Gulf state which opened its stock market to foreign investors in 2015."



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