SAI Globinvest launches ETF replicating Bucharest Stock Exchange’s reference BET-XT index
Romanian investment management company SAI Globinvest listed its second ETF on the Regulated Market of the Bucharest Stock Exchange on Tuesday, August 18. The ETF, listed under the ticker symbol GIBXTETF, aims to fully replicate the…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Romanian investment management company SAI Globinvest listed its second ETF on the Regulated Market of the Bucharest Stock Exchange on Tuesday, August 18. The ETF, listed under the ticker symbol GIBXTETF, aims to fully replicate the structure of BVB's reference index (BET-XT).
Launched by BVB in 2008, BET-XT is a price index that tracks the performance of the 30 most traded Romanian companies on the BVB Regulated Market. Having a broader composition than the benchmark BET index, it offers a wider perspective on the evolution of the Romanian capital market.
