The Kazakhstan Stock Exchange (KASE) plans to launch the country’s first exchange-traded funds linked to KASE indices, marking a milestone for Kazakhstan’s capital markets.
The move will allow retail investors to gain exposure to the domestic market using a structure similar to widely followed global benchmarks such as the S&P 500 and the Nasdaq.
Two funds planned
According to KASE, the funds were developed by BCC Invest and have already been registered. The exchange said trading start dates and ticker symbols will be announced later.
The first ETF will track the main...