The iShares MSCI Emerging Markets Eastern Europe Index Fund began trading on the NYSE Arca Friday.
“The emerging markets have been an ongoing investment theme throughout 2009,” said Michael Latham, co-CEO at
He added, “The strong inflows into iShares emerging markets ETFs since the beginning of the year suggests that investors are favoring these vehicles over similar emerging market mutual funds.”
The index covers companies in the Czech Republic, Hungary, Poland and Russia.