SymbolEMIF

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iShares Launches New Emerging Markets Infrastructure ETF

2009-06-19 09:40 ET - News Release

SAN FRANCISCO, CA -- (MARKET WIRE) -- 06/19/09

iShares, the world's largest exchange traded funds (ETFs) provider(1), today announced the start of trading of the iShares S&P Emerging Markets Infrastructure Index Fund (NASDAQ: EMIF). The launch occurs at a time when ETF net flows have been dominated by emerging markets ETFs. In May, emerging market ETFs' net flows captured approximately $6 billion of the total $14.9 billion in ETF net flows(2).

"Infrastructure is a rapidly growing investment theme that investors want to access. Global infrastructure spending is estimated to be $35 trillion(3) in the next two decades due to a particular strain and need for infrastructure investment in the emerging economies," said Michael Latham, iShares co-CEO. "Inflows of net new assets into iShares emerging markets ETFs have been strong all year, indicating a steady renewed appetite for opportunities outside of developed markets."

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