CT – October 7, 2014 – Renaissance Capital LLC, a global IPO investment advisor providing institutional research, investment management and indexing services, announced today the launch of the Renaissance International IPO ETF, an exchange traded product that tracks an index of newly public international companies prior to their inclusion in core global equity portfolios. The Renaissance International IPO ETF began trading today on NYSE Arca under the ticker symbol “IPOS.”

“The launch of the Renaissance International IPO ETF, responds to investor demand for systematic exposure to newly listed IPOs in a low-cost tax- efficient exchange-traded structure,” said Kathleen Smith, Chairman of Renaissance Capital. “When added to core equity holdings, this portfolio of new equities provides investors with unique returns and more complete coverage of the full set of public equities. The Renaissance International IPO ETF when coupled with the Renaissance IPO ETF (NYSE symbol: IPO) provides investors with access to the entire global IPO market.” Continue reading →