Busy Day Of New ETF Debuts Ahead For iShares

Coming on the heels of the debut of the iShares MSCI Norway Capped Investable Market Index Fund (BATS: ENOR), the first ETF to be listed on the BATS Exchange operated by BATS Global Markets, iShares will introduce seven more
BATS-listed ETFs today
. The funds, which include some
first to market offerings
will add to iShares' already vaunted lineup of country-specific ETFs. The new ETFs debuting today include the Shares MSCI Australia Small Cap Index Fund (BATS: EWAS), iShares MSCI Canada Small Cap Index Fund (BATS: EWCS) iShares MSCI Finland Capped Investable Market Index Fund (BATS: EFNL) iShares MSCI Germany Small Cap Index Fund (BATS: EWGS), iShares MSCI Denmark Capped Investable Market Index Fund (BATS:EDEN) and the iShares MSCI United Kingdom Small Cap Index Fund (BATS: EWUS). The Australia and Canada offerings will become competitors to the IndexIQ Australia Small-Cap eTF (NYSE:
KROO
) and the IndexIQ Canada Small-Cap ETF (NYSE:
CNDA
) while the iShares MSCI Germany Small Cap Index Fund will be a rival to the Market Vectors Germany Small Cap ETF (NYSE:
GERJ
). iShares also plans to introduce the iShares MSCI India Index Fund (BATS: INDA) iShares MSCI India Small Cap Index Fund (BATS: SMIN) at a later date. The small-cap offering faces competition in the form of the EGShares India Small Cap ETF (NYSE:
SCIN
) and the Market Vectors India Small Cap ETF (NYSE:
SCIF
).
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