KSA Profile
The
KSA iShares MSCI ETF is an exchange-traded fund that seeks to track
the investment results of the MSCI Saudi Arabia IMI 25/50 Index, which
is designed to measure the performance of the large, mid and small
capitalization segments of the Saudi Arabian equity market.
As
of the most recent report, the fund had total assets under management
of approximately $300 million and an expense ratio of 0.74%. The
fund's top holdings included companies such as Saudi Basic Industries
Corp, Al Rajhi Bank, National Commercial Bank, Riyad Bank, and Saudi
Arabian Mining Co, among others. The fund has a diversified portfolio,
with its top 10 holdings representing approximately 60% of the total
portfolio.
In terms of performance, the KSA iShares MSCI ETF
has had mixed performance in recent years. As of the end of 2021, the
fund had a year-to-date return of approximately 19.7%, a one-year
return of approximately 42.1%, and a three-year average annual return
of approximately 7.8%. It's important to note that the performance of
the fund can be influenced by a variety of factors, including
political and economic developments in Saudi Arabia, changes in
currency exchange rates, and fluctuations in the global stock markets.
Overall, the KSA iShares MSCI ETF offers investors exposure to the
Saudi Arabian equity market, which is the largest market in the Middle
East and North Africa (MENA) region. However, investors should be
aware of the risks associated with investing in emerging markets,
including currency risk, political risk, and volatility. Additionally,
the fund's relatively high expense ratio may make it less attractive
to some investors compared to other ETFs with
|
