IndexIQ ETF Trust has launched the IQ Australia Small Cap ETF. The fund seeks exposure to Australian listed resources firms. The fund will track the IQ Australia Small Cap Index, whose key constituents include Bendigo & Adelaide Bank, Aquarius Platinum, Downer EDI and CSR. Materials make up the biggest part (26.94%) of the index by sector allocation. The management fee…
IndexIQ launches NYSE listed, small-cap Aussie ETF
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