iShares MSCI UAE Capped ETF

Symbol Profile Widget

Sector: Miscellaneous

Industry: Investment Trusts/Mutual Funds

Div Yield: 2.90%

UAE offers vanilla coverage to a truly emerging market. The United Arab Emirates has progressed from frontier market status to emerging market status in the eyes of indexing-giant MSCI, and iShares wasted little time in bringing UAE to market. UAEs basket, while market-like, is nonetheless concentrated in a handful of stocks. The fund tracks a capped version of the benchmark index, which is a free float-adjusted, market capitalization-weighted index with a capping methodology applied such that individual components do not exceed more than 25% of the Underlying Index weight, and those with a weight more than 5% do not cumulatively exceed 50% of the underlying index weight. This places an upper bound on concentration. All in all, UAE offers exposure to a hard-to-access corner of the equity market.

Historical performance and chart data for iShares MSCI UAE Capped ETF

Chart Data is delayed by at least 1 hour on this exchange

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.

Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.