UAE Profile
The
iShares MSCI UAE Capped ETF (UAE) is an exchange-traded fund (ETF)
that seeks to provide investors with exposure to the equity market in
the United Arab Emirates (UAE). The ETF's objective is to track the
performance of the MSCI UAE IMI 10/40 Index.
UAE invests in a
portfolio of companies that are listed on the UAE stock exchange, with
the goal of providing investors with exposure to companies that
operate in various sectors of the UAE economy, including finance,
energy, and real estate. The ETF's holdings are selected based on
factors such as market capitalization and liquidity.
As of
September 2021, the UAE ETF has a net asset value (NAV) of
approximately $68 million and holds a portfolio of around 30 companies
listed on the UAE stock exchange. The ETF's expense ratio is 0.68%,
which is relatively low compared to other actively managed ETFs.
UAE has a track record of providing investors with exposure to the
equity market in the UAE, which can offer diversification benefits and
the potential for long-term capital appreciation. However, it is
important to note that investing in emerging market countries such as
the UAE can involve higher risks compared to more developed markets,
such as political instability, currency fluctuations, and regulatory
changes.
Overall, the iShares MSCI UAE Capped ETF (UAE) could
be a good investment option for investors looking to gain exposure to
the equity market in the UAE. However, as with any investment, it is
important to conduct thorough research and consider factors such as
risk tolerance, investment objectives, and fees before making a
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