EWA
iShares MSCI Australia ETF
📎 Investment Objective
The iShares MSCI Australia ETF (EWA) seeks to track the investment results of an index composed of Australian equities, providing investors exposure to the Australian stock market.
Overview
ETF tracking iShares MSCI Australia ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Australia ETF (EWA) seeks to track the investment results of an index composed of Australian equities, providing investors exposure to the Australian stock market.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Australia Index. It invests primarily in a representative sample of the securities included in the underlying index.
✨ Key Features
- Provides broad exposure to the Australian equity market
- Tracks the MSCI Australia Index, a free float-adjusted market capitalization weighted index
- Low expense ratio of 0.00%
- Suitable for investors seeking country-specific exposure to Australia
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country
- Currency risk as the fund's returns are subject to fluctuations in the Australian dollar
- Market risk as the value of the fund's holdings may decline due to general market conditions
- Liquidity risk as the fund may have difficulty trading certain securities at an optimal time and price
👤 Best For
This ETF may be suitable for investors seeking exposure to the Australian equity market as part of a diversified portfolio. It could be of interest to investors with a long-term investment horizon who are comfortable with the risks associated with investing in a single country.