BGI launches iShares FTSE BRIC 50

Barclays Global Investors is offering exposure to large companies in Brazil, Russia, India and China...

Barclays Global Investors is offering exposure to large companies in Brazil, Russia, India and China through the iShares FTSE BRIC 50. The product launched on 20 April and will list on the London Stock Exchange. The portfolio breakdown is 33.26% Brazil, 28.77% Russia, 23.03% China and 14.94% in India, with a total of 50 holdings. The Benchmark index is the FTSE BRIC 50 Index.