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Franklin Templeton Files For New Saudi Arabia ETF

TedTed
in The Bullpen
FYI: Saudi Arabia’s addition to indexer MSCI Inc.’s group of emerging markets starting in June 2019 is expected to lure $40 billion in foreign investment to country. Now, U.S. investment firms are looking to get in on the action.

Franklin Templeton Investments, a long-time active asset manager, is seeking approval for a Saudi Arabia ETF, according to a filing with the U.S. Securities and Exchange Commission.
Regards,
Ted
https://www.fa-mag.com/news/new-saudi-arabia-etf-emerges-39447.html?print
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