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FM (iShares MSCI Frontier 100 ETF) changing indexes

edited January 2021 in The Bullpen
Not sure how many of you invest in Frontier Markets but this ETF is changing its' index...it can now invest in the following EM Countries - Argentina, Peru, Columbia, Egypt, Pakistan and Philipines or countries that are aka 'the barely Emerging Markets!'

From IShares site...
Important Notice Regarding a Change in Underlying Index, Fund Name, and Investment Objective – On December 30, 2020, iShares filed to change the underlying index, fund name, and investment objective for the iShares MSCI Frontier 100 ETF (NYSE Arca: FM). Beginning on or around March 1, 2021, the fund will seek to track a new underlying index, the MSCI Frontier and Emerging Markets Select Index, and will cease to track the MSCI Frontier Markets 100 Index. The fund name will also change to iShares MSCI Frontier and Select EM ETF. For more information, please contact 1-800-iShares (474-2737).

https://www.msci.com/eqb/methodology/meth_docs/MSCI_Frontier_and_Emerging_Markets_Select_Index_Methodology_Dec2020.pdf
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