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Citi launches Taiwan-focused tracker products

By Rita Raagas De Ramos | 21 May 2008
Keywords: citi | taiwan | etcs

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The C-Tracks platform allows investors to capture increasing investment opportunities in Taiwan, a market where Citi is bullish and overweight.

Citi has launched its C-Tracks platform with three Taiwan index-linked Exchange Traded Certificates (ETCs), to be listed on the Hong Kong stock exchange on May 27.

These are the first members of the new C-Tracks family of tracker products issued by Citigroup Global Markets Holdings to reach the market. The ETCs will track three indices including the TAIEX Building Material and Construction Sub-Index, TAIEX Finance and Insurance Sub-Index and TAIEX Electronics Sub-Index.

Citi says the ETCs will give investors access to Taiwan’s stock market, which has been the best ...

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