Merrill Lynch's Europe 2001 HOLDRs (EKH:Amex) began trading today on the American Stock Exchange
.
or Nasdaq
. Europe 2001 is the 15th HOLDRs offering from Merrill Lynch. HOLDRs, hybrids of a fund and a stock, are exchange-traded baskets of at least 20 stocks focused on one specific industry or stock category, such as semiconductors, regional banks and pharmaceuticals. The top five stocks in Europe 2001 HOLDRs by weighting are: Bookham Technology(BKHM), Jazztel PLC(JAZZ), SmartForce PLC(SMTF), ASM International(ASMI) and Terra Networks(TRLY).>To order reprints of this article, click here: Reprints
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