Global Investor - Wednesday, December 10, 2008

Dow Jones launches ETFs

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Two new indices, the Dow Jones Kuwait Titans 30 and Dow Jones UAE Select indexes have been licensed to BNP Paribas to serve as the basis for exchange-traded funds available on Euronext Paris. The Dow Jones Kuwait Titans 30 Index measures the performance of 30 of the largest and most liquid stocks traded on the Kuwait Stock Exchange. The Dow Jones UAE Select Index measures the performance of the largest and most liquid stocks trading on the Dubai Financial Market, Abu Dhabi Securities Market and Dubai International Financial Exchange.

EasyETF continues to develop its range around two key investment themes for the future: the Middle East and Socially Responsible Investment. After listing the first Egypt tracker fund on Euronext Paris, EasyETF is now launching the first United Arab Emirates tracker alongside another on Kuwait. An ETF investing in waste management and treatment is also now listed.

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