Saturday, April 26, 2008

ETF for CEE emerging markets.

Up to now you can find 2 ETF focused on emerging markets in Central and
Eastern Europe.

SPDR S&P Emerging Europe (GUR)
Central Europe & Russia Fund CEF (CEE)

Both with half holdings in Russia and the rest coming from Poland, Turkey, Czech Republic and Hungary. It's always very difficult for US investor to find investment instrument into Poland, Czech Republic or EU newcomers like Romania and Bulgaria.

But, there is a new ETF in the pipeline. iShares MSCI Emerging Markets Eastern Europe Index Fund. Ishares filed prospect in the beginning of April (link on SEC.gov).

Comments

2 Responses to "ETF for CEE emerging markets."

Barry said... April 27, 2008 at 1:24 AM

This is good information to know

Vlada, Czech Republic said... April 28, 2008 at 5:08 PM

Thanks Barry for your comment. We have many country specific ETF especially issued by IShares. Even for country like Chile. But not even one focused 100% on Central and Eastern Europe. And for example Polish stock market is really developed.