BlackRock has rolled out its first exchange-traded fund in the Colombian market, Mondovisione reports. The iShares COLCAP will invest in the 20 most liquid stocks of the Colombian Stock Exchange.
The ETF, which began trading in Colombia on July 6, was developed with the participation of CitiTRUST as the fund’s manager. The product is based on the COLCAP index, developed and managed by BVC.
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