New Index to Measure the Performance of Russian GDRs, an Expanding Portion of the Equity Market…
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Dow Jones Indexes, a leading global index provider, today announced that Lyxor has licensed the new Dow Jones Russia GDR Index to serve as the basis for its Lyxor ETF Russia (Dow Jones Russia GDR Index).
The euro-denominated version of the ETF is listed on the NYSE Euronext, Deutsche Boerse, Borsa Italiana and Bolsa de Madrid exchanges; the U.S. dollar-denominated versions are traded on the SIX Swiss and Singapore Exchanges.
The Dow Jones Russia GDR Index aims to measure the performance of the leading Russian Global Depository Receipts (GDRs) traded on the London Stock Exchange. GDRs are bank certificates traded as domestic shares of a local company, but offered for sale globally through foreign branches of an international bank.
Source: ETFWorld – Dow Jones Indexes
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