The BLDRS Developed Markets 100 ADR Index Fund, a unit investment trust, seeks investment results that generally correspond to the price and yield performance, before fees and expenses, of The Bank of New York Developed Markets 100 ADR Index, a capitalization-weighted index designed to track the performance of a basket of developed market-based Depositary Receipts.
The BLDRS Emerging Markets 50 ADR Index Fund, a unit investment trust, seeks investment results that generally correspond to the price and yield performance, before fees and expenses, of The Bank of New York Emerging Markets 50 ADR Index, a capitalization-weighted index designed to track the performance of a basket of emerging market-based Depositary Receipts.
The BLDRS Europe 100 ADR Index Fund, a unit investment trust, seeks investment results that generally correspond to the price and yield performance, before fees and expenses, of The Bank of New York Europe 100 ADR Index, a capitalization-weighted index designed to track the performance of a basket of European market-based Depositary Receipts.
Sponsored by NGF, a subsidiary of The Nasdaq Stock Market, Inc. (NASDAQ (r)) (Nasdaq:NDAQ), the BLDRS Index Funds Trust consists of four separate ETFs that are designed to correspond with the price and yield performance of four Bank of New York American Depositary Receipt Indices.
NGF is behind one of the largest ETF fund families -- both in the U.S. and globally. Ranking third in the U.S., in terms of assets under management, NGF sponsors 5 ETFs: the NASDAQ-100 Index Tracking Stock(r) (NASDAQ:QQQQ) and the 4 BLDRS ETFs. In addition, NGF's European subsidiary manages the NASDAQ-100 Index European Tracker(sm) (available only to investors in certain European countries).
