There is a new ETF that has launched and it is geared for US investors to invest in Thailand. iShares MSCI Thailand Investable Market Index Fund (NYSE: THD) was designed to track the MSCI Thailand Investable Market Index.
This index measures the performance of stocks that trade in Thailand. The Index is a free float adjusted market cap weighted index that measures broad based equity market performance primarily on the Stock Exchange of Thailand. The Underlying Index’s three largest industries were energy, financials and materials.
Thailand doesn’t have endless trading vehicles for US investors to use for investing in Thailand, but there are some trading instruments. We have featured the Thai Fund Inc. (NYSE: TTF) and the Thai Capital Fund Inc. (AMEX: TF) before, mainly after the Thai election results.
Jon C. Ogg
March 28, 2008