Index provider MSCI Barra has launched its Frontier Emerging Markets Index, and a more tradable proxy the Frontier Emerging Markets Apex Index. The indexes are designed to underlie structured products and other financial instruments such as ETFs.
The index is designed as a benchmark covering all countries from the Frontier Markets Index and the lower size spectrum of the Emerging Markets Index.
The Apex Index is intended to serve as a more tradable proxy for its benchmark counterpart.
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