Exchange-traded funds (ETF) provider Source has launched three ETFs linked to MSCI emerging markets indexes. The funds give investors single country exposure to Brazil, China and India, and complete Source's range of single Bric ETFs.
"We feel the Bric countries are core to the emerging markets," says Michael John Lytle, managing director at Source in London. "The largest emerging markets are the ones that look particularly attractive."
The ETFs give investors counterparty exposure as well as tr