Global X Funds, the New York based provider of exchange traded funds (ETFs), has announced that at the open of trading on March 1, 2016, the Global X FTSE Greece 20 ETF (NYSE Arca: GREK) will begin tracking the MSCI All Greece Select 25/50 Index. The fund, with currently nearly $200 million in assets under management1, will change its name to the Global X MSCI Greece ETF.
The MSCI All Greece Select 25/50 Index is designed to represent the performance of the Broad Greece Equity Universe, while including constituents with minimum levels of liquidity. The Broad Greece Equity Universe includes securities that are classified in Greece according to the MSCI Global Investable Market Index Methodology, together with companies that are headquartered or listed in Greece and carry out the majority of their operations in Greece.
|ETF Name||Global X FTSE Greece 20 ETF||Global X MSCI Greece ETF|
|Index||FTSE/ATHEX Custom Capped Index||MSCI All Greece Select 25/50 Index|