BNP Paribas AM launches ETFs/Dow Jones offers South Korea

BNP Paribas Asset Management (AM) has launched four ETFs on the Dow Jones Stoxx Asia/Pacific 600 ex-Japan, South Korea Titans 30, Case Egypt Titans 20 and Turkey Titans 20 indexes. The ETFs will begin trading on Euronext Paris today.

The South Korea Titans 30 index was launched by Dow Jones Indexes in July. It is designed to measure the performance of the 30 largest and most liquid stocks listed on the Korean Stock Exchange. The index is weighted by float-adjusted market capitalisation with individual components capped at 10%. Any security that trades less than 10 days per quarter is excluded.