CHICAGO - A new product from Barclays Global Investors is the first exchange-traded fund to be offered on the Chicago Board Options Exchange.
The iShares S&P 100 Index Fund seeks investment results to correspond to the price and yield performance of the Standard & Poor's 100. The introduction was announced Friday.
Barclays manages about $833 billion of assets in more than 1,500 funds. The funds track 200 indexes for 1,800 clients in 34 countries.