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Country Basket

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Country Basket
A derivative security designed to mimic the major index of an international exchange.

Notes:
Country baskets were created by brokerage firms to allow investors the capability of investing in specific foriegn markets without the restrictive costs. These baskets act similar to passive exchange traded funds and typically will trade on the NYSE and AMEX.

Country Basket
An unmanaged single-country index portfolio designed to mimic the equity market of that particular country. Country Baskets trade on the New York Stock Exchange. Compare iShares.
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