MyETF Thomson Reuters Asia Pacific ex-Japan Agribusiness or MyETF-AGRI is an Islamic exchange traded fund (ETF) is scheduled to be listed in Main Market of Bursa Malaysia on 3rd December 2015. The Islamic ETF fund will have a fund size of 500 million units with an initial issue price of RM1 per unit.
ETFs are essentially unit trust schemes that are listed and traded on a stock exchange. They are open-ended with a unique in-kind creation and redemption mechanism supported by a system of participating dealers and liquidity providers.