SPA ETF in fund first for Portugal

SPA ETF has partnered with NYSE Euronext and the Portuguese bank Caixa - Banco de Investimento to list and distribute the first exchange-traded fund in Portugal. The SPA ETF PSI-20 is listed on NYSE Euronext and tracks the PSI-20, the Portuguese Stock Index. Until now, Portuguese investors have only been able to buy ETFs from markets outside Portugal, typically across Europe and the US, and have not had access to them in the domestic market. "We believe there will be strong demand for the SPA