Iceland Exchange Gets First Exchange Traded Fund Since 2004
This article is for subscribers only.
The Nasdaq OMX Iceland bourse will offer its first exchange traded fund since 2004 as the nation emerges from its 2008 financial collapse.
The Landsbref Equity fund will be issued by asset-manager Landsbref hf and be based on an index of the six most-traded companies, the Reykjavik-based exchange said in a statement.