ISHARES LAUNCHES POLAND ETF IN US
BlackRock’s exchange-traded fund division iShares yesterday launched a fund on NYSE Arca in the US which gives exposure to the Polish stockmarkets. The ETF tracks the MSCI Poland Investable Market index, which measures the performance of the top 99 per cent of equity securities listed on stock exchanges in Poland. The top three sectors are financials at 46 per cent, energy at 13 percent and materials at 13 per cent. This is the latest ETF in iShares’ expansion of its single-country fund range. It allows investors to be selective in their international exposure.
RBS TRADING SEMINAR TONIGHT
Covered warrant provider RBS is hosting another free seminar tonight at its headquarters in the City. The seminar aims to take investors through the differences between trading and investing and will explain how to build a diversified portfolio – ideal for those starting out in these volatile markets. Guest speakers will be investment experts David Stevenson and Mark Glowery. The seminar is scheduled to run from 5.30pm to 7pm and is held at 250 Bishopsgate. To register, please either call 0800 121 6286 or visit www.rbs.co.uk/markets.
NEW AUTOCALL PRODUCT ISSUED BY RBS
If you are bullish on the outlook for the FTSE 100, then RBS’s new UK autocall is worth considering. The FTSE 100 is so far down this year and the product, which only launched this week, offers investors an opportunity to make a profit in both a stagnant and a rising market. You can make a potential return equivalent to a gross 15 per cent per year if the FTSE 100 has either risen above or remained at its level on the start date of the investment on any of the early termination dates (24 May 2011, 24 May 2012, 24 May 2013 or 27 May 2014) or at expiry on 26 May 2015.