France latest country launch by iShares

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BlackRock business iShares has added to its single country equity range in launching the iShares MSCI France Ucits ETF.

The fund aims to provide 85% exposure to the French equity universe of large and mid cap companies. It is a physically backed ETF, meaning it will purchase and hold shares in the 73 constituents of the underlying index.

The launch takes iShares’ range of single country funds to eight, including those tracking the UK, France, Germany and Switzerland.

Tom Fekete, head of Product Development for iShares in EMEA, said there was a trend among investors towards more specific regions, countries and sectors.

 

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Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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