The Korea Exchange (KRX) is going to list two ETFs, Arirang KRX100EW ETF and Arirang K100EW ETF, on May 18, 2011.
The underlying index of Arirang KRX100EW ETF is the equal weighted version of KOSPI 100 and that of K100EW ETF is the equal weighted version of KRX 100, which are calculated by weighting all index constituents equally.
KRX listed total 28 ETFs this year alone, and two additional ETFs would increase the total number of ETFs to 94.
FTSE Mondo Visione Exchanges Index:
Arirang KRX100EW ETF And K100EW ETF To Be Listed On The Korea Exchange
Date 18/05/2011