Source launches Russia ETF in London

Source, a London-based exchange-traded fund (ETF) provider, has launched a Russia ETF linked to the Wiener Börse's Russia Depository Price Return Index, a capitalisation-weighted price index comprising American depository receipts (ADRs) and global depository receipts (GDRs) of Russian blue-chip stocks traded on the London Stock Exchange, which is the listing home for the new ETF.

The US dollar-based ETF pays quarterly dividends, with the structure designed to account for uncertainties in the di

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