Spanish airport operator Aena (AENA.SM) and Swiss telecommunications company Sunrise Communications (SRCG.SS) have raised $4.8 billion and $2.1 billion in their respective IPOs…
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These companies now both qualify for inclusion in the Renaissance International IPO ETF at the market’s close on February 17, 2015.
The Renaissance International IPO ETF (IPOS) is a portfolio of the largest, most liquid non-U.S. listed newly public companies prior to their inclusion in core equity portfolios. International IPOs that pass Renaissance Capital’s formulated screening process are weighted by investable market capitalization, capped at 10% and remain in the index for two years until they become seasoned equities.
Source: ETFWorld.com
WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)
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