iShares launch new ETF with EM ex. BRIC Exposure

The iShares MSCI Emerging Markets Horizon ETF seeks to track the investment results of an index that takes the smallest 25% of countries by market capitalization from the universe of an index of emerging markets countries, and then excludes Brazil, China, India and Russia.

The MSCI Emerging Markets (EM) Horizon Index captures large and mid-cap representation and is designed to track the equity performance of the smallest 25% of countries excluding Brazil, China, India, and Russia from the universe of MSCI Emerging Markets Index countries.

Video about Index and Methodology