News Releases

 
NYSE to List the First Two Style-Based International ETFs in the U.S.
iShares MSCI EAFE Growth and EAFE Value Index Funds Begin Trading

NEW YORK, Aug. 5, 2005 – The New York Stock Exchange announced today that the iShares MSCI EAFE Growth Index Fund (NYSE: EFG) and the iShares MSCI EAFE Value Index Fund (NYSE: EFV) began trading.  As first-of-a-kind offerings for U.S. investors, these landmark ETFs are subsets of the MSCI EAFE Index, the first benchmark index created to compare world markets containing stocks from Europe, Australasia, and the Far East.

Representing approximately 50 percent of the free float-adjusted market capitalization of the underlying MSCI EAFE Index, both funds are based on the MSCI methodology used to assign growth and value scores to each security included in the respective fund.  For more information on fund characteristics and criteria please visit www.ishares.com.

Including these new listings, the Exchange is the primary listing market for 21 ETFs with 59 funds available on a UTP basis.  As one of the leading markets for ETFs and related products, the New York Stock Exchange continues to build scale in the ETF arena by trading the most innovative ETFs, structured products and other derivative securities. 

On July 20, BGI announced the transfer of 61 iShares ETFs to the NYSE, making the Exchange the largest primary market for the complete iShares list.  The New York Stock Exchange is committed to further increasing its standing as a highly competitive marketplace and a market of choice for ETFs.



Contact: Eric Ryan
Phone: 212.656.2411
Email:  eryan@nyse.com