Rydex MSCI EAFE Equal Weight ETF

  • Singapore Airlines Scoots Into Budget Travel

    By Peter Pham - November 12, 2012 | Tickers: EFA, EWEF.DL, SKYW

    Singapore Airlines, which has significant representation in the Guggenheim MSCI EAFE Equal Weight ETF (UNKNOWN: EWEF.DL), has acquired a 10% stake in Virgin Australia for $108 million. The Australian airline industry is currently lead by the local carrier Qantas Airways. Virgin Australia, a part of Richard Branson’s Virgin Group, is looking to capture greater market share in the Australian airline industry where it is the second biggest carrier.

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