Korea Exchange To List KINDEX ETF

The Korea Exchange is seeking to list the KINDEX Fundamental Large ETF on June 21, 2011.

The Korea Exchange (KRX) is seeking to list the KINDEX Fundamental Large ETF on June 21, 2011, Mondovisione reports. The offering will track the FnGuide-RAFI Korea Large index.

The index comprises of 100 top stocks in intrinsic value listed in the KOSPI Market. In 2011, the KRX has listed 31 new ETFs, increasing the total number of listed ETFs to 95.

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