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Chile's Santiago Exchange To Launch ETF
By Devon Layne | March 28, 2012

 

After signing an agreement with Brazil’s Banco Itau’s fund manager, the Santiago Stock Exchange is in a position to create and launch its IPSA index-based ETF focused on Chile, according to an article on MarketWatch.

The new fund will be the second ETF to provide exposure to the Chilean market, and it should hit the market in November, according to the MarketWatch article, which quoted Boris Buvinic, chief executive of Banco Itau Chile.

Visit MarketWatch.com for additional information on the new fund.