iShares' long awaited emerging market infrastructure fund began trading last Friday. The iShares S&P Emerging Markets Infrastructure Index Fund (EMIF) invests in infrastructure operators in the energy, transportation, and utlity sectors across major emerging markets, with a heavy weighting toward China and Latin America.

The EMIF may seem to be a direct competitor to the Powershares Emerging Market Infrastructure Portfoilo (PXR), but in reality the two are radically different.

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Posted by rjorr at June 22, 2009 8:17 PM