Powered by MOMENTUM MEDIA
investor daily logo

Realindex expands range

  •  
By Reporter
  •  
1 minute read

Colonial First State's index fund provider, Realindex Investments, will launch a new emerging markets index fund.

"Emerging markets would be an area where we are looking to launch a new fund," Realindex chief executive Andrew Francis said.

Francis said he expected the product to be available within the next six months. The new fund would hold a broad portfolio of stocks from countries that could also be found in the MSCI Emerging Markets Index, including China, India, Brazil and South Africa, he said.

The company is also eyeing a global smaller companies fund, but the release of this product will still take some time.