New ETP 2012.02.25
FinEx Capital Management LLP has launch the very first Russian Corporate Bond ETF: FinEx Tradable Russian Corporate Bonds UCITS ETF on ISE and LSE with Moscow Stock Exchange listing also set to come.
The Fund comes in a USD Share class with a TER of 0.5 and a RUB hedged version priced at a TER of 0.95
The ETF is set to track the Barclays Emerging Markets Tradable Russian Corporate Bond Index. The Barclays Emerging Markets Tradable Russian Corporate bond (EMRUS) index is designed to measure the performance of a liquid basket of short-maturity Eurobonds from Russian Non-Sovereign issuers.