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iShares adds to ETF range

iShares has announced the launch of seven new offerings to its range of Exchange Traded Funds.

The new tranche includes the launch of four more fixed income funds, and follows £1.3bn of new assets into the firms range of fixed income ETFs year-to-date.

The addition of the iShares Barclays Euro government bond 5-7, Euro government bond 10-15, Euro Treasury bond and FTSE gilts UK 0-5, brings the total number of European fixed income funds offered to 37.

The group has also launched three equity ETFs, including an MSCI Europe ex EMU fund, which provides exposure to the UK, Switzerland, Sweden, Denmark and Norway.

The FTSE developed world ex-UK and MSCI Pacific ex-Japan funds complete the range.

iShares Europe senior director of product development Axel Lomholt says: “The launch of the three new equity products reflect iShares’ innovative approach to product development. Our offering continues to be the most complete and comprehensive equity product set in the market. We believe most investors will use these funds as ‘building blocks’, providing them with exposure to a particular set of countries within a defined region.”

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