WEBS

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WEBS

WEBS

An exchange-traded fund that tracks various Morgan Stanley Capital International country indices. An organization issuing WEBS owns each of the securities traded on an MSCI country index in approximate ratio to their market capitalization. WEBS are available for 17 MSCI indices and can be bought, sold, short-sold, traded on margin, and generally function as if they were stocks. Investors use WEBS (and indeed all exchange-traded funds) as a way to easily diversify their portfolios at relatively low cost. WEBS trade on the American Stock Exchange.
References in periodicals archive ?
Scottish Re (US) Inc [08785] 13840 Ballantyne Corporate Place, Suite 500, Charlotte, NC 28277, Phone: (704) 542-9192, Web site: www.
Phone: (44) 20 7480 7610, Fax: (44) 20 7702 3752, Web site: www.
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