The BLDRS Asia 50 ADR Index Fund (Fund) is an exchange-traded fund based on the BNY Mellon Asia 50 ADR Index (Index). The Fund normally holds at least 95% of its total assets in Depositary Receipts that comprise the Index. The Index is capitalization-weighted and designed to track the performance of approximately 50 Asian market-based depositary receipts. The Fund is rebalanced and reconstituted quarterly.
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Tuesday, December 6, 2011, 2:53 AM
Asia is facing "much greater downside risks" because of the possibility of new recessions in the U.S. and EU, and the threat of destabilizing capital flows, says the Asian Development Bank. The possibility of another global financial crisis means Asian countries must have "sufficient flexibility" to rapidly adjust policies.
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Monday, January 31, 2011, 4:15 AM
The unrest in Egypt is roiling Asian markets, as investors dump riskier assets. The one exception has been China, which is +1.4%, despite increased censorship steps. Elsewhere: Japan -1.2%, Hong Kong -0.7%, India -1.4%, Indonesia -2.25%, Korea -1.8%.
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