iShares, the exchange traded fund (ETF) provider, today launched nine ETFs on the London Stock Exchange (LSE).
The new products include four corporate bond ETFs and five accumulating versions of iShares core equity benchmarks. The listing of these latest ETFs brings the total number of iShares funds listed on the LSE to 129, and takes the iShares range of fixed income funds to 40 in Europe.
The new fixed income products are the iShares Barclays Euro Corporate Bond ex-Financials, iShares Barclays Euro Corporate Bond ex-Financials 1- 5, iShares Barclays Euro Corporate Bond 1-5 and iShares iBoxx £ Corporate Bond ex-Financials.
The accumulating funds will differ from already existing core equity products by automatically reinvesting any dividend income received back into the funds, rather than paying it to investors. They include the iShares MSCI Emerging Markets (Acc), iShares S&P 500 (Acc), iShares MSCI World (Acc), iShares MSCI Europe (Acc) and iShares MSCI Japan (Acc).