The Abu-Dhabi based investment firm, Chimera Capital recently announced the launch of their new Chimera S&P Turkey Shariah ETF (CHTRSHIN) trading on the Abu Dhabi Security Exchange (ADX). The fungible ETF plans to offer investors exposure to Shariah-compiant Turkey securities while following the S&P Turkey Shariah Liquid 35/20 Capped Index.
ETF Newz Says:
Chimera is no newcomer as they have eight other funds covering a variety of stock markets.