Iranian ETFs Worth Over $340m

The value of exchange-traded funds in Iran’s capital market stood at 13 trillion rials ($342 million) as of the end of the fourth month of the current fiscal year (June 22-July 22), according to the Central Securities Depository of Iran. Currently, 26 ETFs operate in the Iranian capital market. Etemad Afarin Parsian Fund tops the chart, as it is valued at 5.3 trillion rials ($141.1 million). It is followed by Amin Yekom Farda Fund with 1.35 trillion rials ($35.76 million), Parand Fund with 1.13 trillion rials ($29.31 million) and Padash Sahamdari Tose’e Yekom Fund with 1 trillion rials ($26.47 million).