Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Newest BGI ETF To Track Whole Market Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 22, 2003

Newest BGI ETF To Track Whole Market

by: Sean Hanna, Editor in Chief

Barclays Global Investors (BGI) has filed paperwork with the SEC in order to open an exchange-traded fund based on the S&P 1500 Index Fund. The eighty-second member of the iShares family would track the broad market by following the index.

The S&P Composite 1500 Index combines the S&P 500, S&P MidCap 400 and S&P SmallCap 600 Indices and represents approximately 90 percent of the total U.S. equity market capitalization.

"iShares clients are large users of the iShares S&P family of funds. They value S&P's reputation and index methodology along with the broad selection of S&P iShares," said Lee Kranefuss, CEO of BGI's Intermediary Business. "The iShares S&P 1500 Index Fund will fill the gap for an S&P total U.S. market iShare."

The index is a proxy for the U.S. equity market explained David Blitzer, chairman of the Index Committee at Standard & Poor's. He confirmed that BGI is the first ETF provider to license the index.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use