ETF Introduction: EEM — iShares MSCI Emerging Markets ETF Market News Video - Monday, April 6, 5:28 PM
Description to the MSCI Emerging Markets Index Fund, traded under ticker symbol EEM: This ETF is a fund, created in April 2003, that corresponds to the price and yield performance, before fees and expenses, of securities that are publicly traded in emerging markets, as represented by the MSCI Emerging Markets Index. The underlying index attempts to gauge the performance of equities in emerging markets globally.
Emerging markets have had a tough 2013 against the backdrop of the run in U.S. equities, and especially in Japanese equities. But it appears the 12% year-to-date decline in the iShares MSCI Emerging Markets Index (NYSE: EEM) has finally stalled at the halfway support of the 2012 to 2013 rally.
They say a rising tide floats all boats, and a return to new highs in the global bell weather S&P 500 instills confidence in stock markets worldwide.
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