iShares to launch Australian equities ETFs

BlackRock plans the listing of ETFs on the Australian Securities Exchange, providing simple and cheap access to small and large local cap companies

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ETFs skipping ahead

BlackRock has revealed plans to launch four new Australian exchange-traded funds (ETFs), diversified across small and large cap companies.

Once launched, iShares says the funds will be the first listed on the Australian Securities Exchange (ASX) to focus solely on the Australian share market.

The range includes the iShares S&P/ASX 20, investing in the 20 largest blue chip companies in Australia, and the S&P/ASX High Dividend fund, which provides exposure to 50 large Australian companies

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