NYSE Euronext (NYX) announced that its wholly owned subsidiary, NYSE Arca, today began trading the Market Vectors Indonesia Index ETF, sponsored by Van Eck Global. The fund, the nation’s first ETF focused on Indonesia, trades under the ticker symbol IDX.
IDX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Indonesia Index (ticker symbol MVINDO). The Market Vectors Indonesia Index is a rules-based index intended to give investors a means of tracking the overall performance of companies that are domiciled and primarily listed on an exchange in Indonesia or that generate at least 50% of their revenues in Indonesia.
The Fund’s prospectus and other fund information are available at www.vaneck.com/idx.