(Bloomberg) -- Like a game of Risk, the entire world is slowly but surely getting wrapped up by U.S. ETF issuers.

The IShares MSCI Saudi Arabia Capped ETF, which is expected to launch on Thursday, will provide U.S. investors access to a basket of locally listed Saudi stocks. No other U.S. ETF or mutual fund has any significant exposure to Saudi Arabia, which makes this one of the most anticipated new ETF launches of the year.

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