iShares has launched a range of four ETFs on the London Stock Exchange (LSE), with three providing exposure to MSCI country indices.
The iShares MSCI Australia, MSCI Canada and MSCI South Africa funds track companies predominantly in the financial and commodities sectors. The underlying MSCI Australia index invests in 75 Australian stocks, with over 70% based on the financials and materials sectors. The MSCI Canada index comprises 96 Canadian stocks, with around 50% consisting of commodity related sectors. The MSCI South Africa index invests in 45 South African stocks, with commodity related sectors constituting around 40%. These indices provide exposure to companies with a market capitalisation within the to...
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