Magic ETFs

Middle East

Unfortunately not at Hogwarts but in Israel there are magic ETFs and today there is a new one.

KSM Financial Instruments, Israel’s largest issuer, has listed a new Magic ETF in Tel Aviv (KSMS206), which tracks the SME 150 – an equally weighted index mid-cap Israeli companies put together by the Tel Aviv Stock Exchange.

As is often the case in Israel, all the product information is in Hebrew. For anybody interested magic ETFs

As more information becomes available in English we’ll provide an update.