New York-based asset manager, Van Eck Global, has launched a new small-cap exchange-traded fund (ETF). The Market Vectors Germany Small-Cap ETF is designed to provide investors pure-play exposure to Europe’s largest economy.
The portfolio aims to replicate the performance of the Market Vectors Germany Small-Cap Index. The index consists of 95 companies with an average market capitalization of $1.2 billion.
Click here for the release from Van Eck.