iShares unveils first S&P500ETF in Germany

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UK/GERMANY- iShares, the exchange traded funds range managed by Barclays Global Investors, has unveiled the first ETF benchmarked to the S&P500 Index, available in Germany.

iShares S&P 500 will begin trading on the XTF segment of the Deutsche Börse on April 25, 2003. The total expense ratio is 0.40% and the designated sponsor is Merrill Lynch International. Lee Kra...

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