iShares Rebrands Two Funds

BlackRock has changed the names of two exchange-traded funds.

BlackRock has changed the names of two exchange-traded funds (ETF), ETF Express reports. The iShares FTSE/Xinhua China 25 fund has been renamed to the iShares FTSE China 25 fund after the acquisition of the Xinhua Indices by FTSE on Dec. 16 2010. The iShares Markit iBoxx Euro High Yield fund is now the iShares Markit iBoxx Euro High Yield Bond fund, bringing its name in line with the rest of the iShares bond fund range. The alterations affect only the name of the funds, and will not impact any other aspect of the funds’ structure or investment approach.

Click here for the story from ETF Express.