Questionable Timing for First Russian ETF
With the astronomical gains in Russian-based equities since 2001, it's no surprise investors have been clamoring for an exchange-traded fund that can capture these profits.
Now they can.
Asset manager Van Eck Global launched its
Market Vectors-Russia ETF
(RSX) on the
New York Stock Exchange this week. It's the first U.S.-listed ETF that gives investors exposure to a broad spectrum of Russian companies. This is Van Eck's fourth ETF but its first to track international equities and its first on the NYSE. The fund charges an
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