NEW YORK, July 1, 2009 –- NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the JETS Dow Jones Islamic Market International Index Fund under the ticker symbol “JVS.” The ETF is sponsored by Javelin Investment Management, LLC.
JETS Dow Jones Islamic Market International Index Fund (the “Fund”) is a series of the Javelin Exchange-Traded Trust. The Fund states that it employs a "passive management"--or indexing--investment approach designed to track the performance of the Dow Jones Islamic Market International Titans 100 IndexSM. As its primary strategy, the Fund states that it generally attempts to replicate the performance of the target index by investing all or substantially all of its assets in the securities that make up the target index, holding each security in approximately the same proportion as its weighting in the target index.
About Javelin Investment Management,LLC
Javelin Investment Management was founded for the purpose of introducing a series of new and compelling ETFs. The JETS Dow Jones Islamic Market International Index Fund is its first offering.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 720 primary ETF and 46 primary ETV listings. Additionally, NYSE Arca, NYSE Euronext's
About NYSE Euronext
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