KSA

iShares MSCI Saudi Arabia ETF

$38.83
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The iShares MSCI Saudi Arabia ETF (KSA) seeks to track the investment results of an index composed of Saudi Arabian equities.

Overview

ETF tracking iShares MSCI Saudi Arabia ETF

Category Other
Issuer BlackRock
Inception Date 2015-09-17
Market Cap $580.4M
Average Volume N/A
Dividend Yield 3.67%
52-Week Range $36.36 - $42.50
VWAP $38.72

Performance

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Investment Summary

📎 Investment Objective

The iShares MSCI Saudi Arabia ETF (KSA) seeks to track the investment results of an index composed of Saudi Arabian equities.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Saudi Arabia IMI 25/50 Index. It invests primarily in publicly traded companies based in Saudi Arabia.

✨ Key Features

  • Provides exposure to the Saudi Arabian equity market
  • Tracks the MSCI Saudi Arabia IMI 25/50 Index, a free float-adjusted market capitalization-weighted index
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused solely on the Saudi Arabian market
  • Emerging market risk due to the developing nature of the Saudi Arabian economy
  • Currency risk as the fund's holdings are denominated in the Saudi riyal
  • Liquidity risk due to the relatively small size and trading volume of the ETF

👤 Best For

This ETF may be suitable for investors seeking exposure to the Saudi Arabian equity market as part of a diversified portfolio. However, due to the fund's limited history and the risks associated with investing in emerging markets, it is generally more appropriate for experienced, risk-tolerant investors with a long-term investment horizon.