EZA
iShares MSCI South Africa ETF
📎 Investment Objective
The iShares MSCI South Africa ETF (EZA) seeks to track the investment results of an index composed of South African equities, providing investors exposure to the South African stock market.
Overview
ETF tracking iShares MSCI South Africa ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI South Africa ETF (EZA) seeks to track the investment results of an index composed of South African equities, providing investors exposure to the South African stock market.
🎯 Investment Strategy
EZA attempts to replicate the performance of the MSCI South Africa Index, which is designed to measure the performance of the large- and mid-cap segments of the South African equity market. The fund invests primarily in the component securities of the underlying index and aims to replicate the index's performance.
✨ Key Features
- Provides broad exposure to the South African equity market
- Tracks the MSCI South Africa Index, a free float-adjusted market capitalization-weighted index
- Low expense ratio of 0.00%
- Suitable for investors seeking exposure to the South African stock market
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country
- Emerging market risk due to the volatility and potential instability of the South African market
- Currency risk as the fund's returns are subject to fluctuations in the value of the South African rand
- Liquidity risk as the fund may have difficulty trading certain securities due to low trading volumes
👤 Best For
EZA may be suitable for investors seeking exposure to the South African equity market as part of a diversified portfolio. It may be of interest to investors with a higher risk tolerance who are comfortable with the volatility and risks associated with investing in an emerging market.