New Slovenia-tracking ETF launches on BVB

Business Forum
InterCapital Asset Management, a Croatian independent investment manager with €550 million in assets, is launching a new ETF on the Bucharest Stock Exchange (BVB) starting Tuesday.

The InterCapital SBITOP TR UCITS ETF, trading under the symbol ICSLOETF, will track the performance of the SBITOP Total Return index, Slovenia's benchmark stock market index.

The SBITOP TR index is administered by the Ljubljana Stock Exchange (LJSE). It reflects the performance of the nine most traded companies on the LJSE's regulated market and is adjusted to reflect the reinvestment of gross dividends paid by these companies.

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