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iShares

   Also found in: Wikipedia 0.06 sec.
iShares
Index funds that trade like stocks on stock markets. Each share represents a proportion of ownership in each stock that makes up an index.

Notes:
iShares are a great way for smaller investors to get the diversification of 50 or more companies without having to buy each individual stock.


iShares
Exchange-traded funds with portfolios based on a series of stock indexes including the S&P indexes, the Dow Jones indexes, and the Russell indexes. iShares are also available for MSCI foreign indexes. Shares of each fund represent proportional ownership of individual stocks that make up the index on which the fund is based. iShares were developed by Barclays Global Investors and are mostly traded on the American Stock Exchange.

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? Mentioned in ? References in periodicals archive
 
29, 2004) Exchange: 1-Year Fundname Ticker Category Return iShares S.
SAN FRANCISCO -- Barclays Global Investors (BGI), a worldwide leader in exchange traded funds (ETFs), announced today that the second phase of iShares products, 15 iShares Funds, will move to the NYSE Arca, a national securities exchange and a subsidiary of the NYSE Group, on October 20, 2006.
SAN FRANCISCO -- Barclays Global Investors (BGI) announced that five new iShares S&P Global Sector Exchange Traded Funds (ETFs) began trading today on the New York Stock Exchange.
 
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