Country Basket(redirected from Country Baskets)
An unmanaged portfolio that tracks the stock markets for a particular country. For example, a country basket may contain all stocks traded on every major stock market in Italy. The company managing the country basket issues shares in this portfolio; these shares may be traded as if they were stocks. Most country baskets are traded on the New York Stock Exchange. See also: iShare, Closed-end investment company, Index fund.
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.