SYDNEY, 15 December 2010: BetaShares Capital Limited (BetaShares) today announced its entry into the Exchange Traded Funds (ETF) market with the launch of two new products on the Australian Stock Exchange that expand the options available to Australian retail and institutional investors.
BetaShares initial ETFs track the performance of the resources sector and the financial sector (excluding property trusts) of the ASX, being:
- BetaShares S&P/ASX 200 Financials Sector ETF (Synthetic) (ASX Code: QFN)
- BetaShares S&P/ASX 200 Resources Sector ETF (Synthetic) (ASX Code: QRE)
In addition, BetaShares intends to launch, early in 2011, Australia's first Currency ETF, tracking the performance of the US dollar against the Australian dollar.
See the official press release here!
| Attachment | Size |
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| BetaShares _ Launch Press Release_FINAL.pdf | 101.96 KB |
