AIA is facing bearish pressure and could see a further downside Prices are facing bearish pressure from our resistance and a break below our downside confirmation could see a further drop below this level.
Key stats
About iShares Asia 50 ETF
Expense ratio
0.50%
Home page
Inception date
Nov 13, 2007
ISIN
US4642884302
AIA is fairly straightforward: it is essentially a mega-cap fund that offers exposure to 50 of the largest companies in Asia. Only companies from four major Asian countries, mainly, Hong Kong, South Korea, Singapore and Taiwan, can be included in the fund. It's a concentrated play that screens constituents by liquidity and market-cap though, as is usually the case for some S&P indices, the stocks are personally picked by a committee before being included in the index. Stocks are also given weight based on their float market-cap. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stock breakdown by region
Asian markets - recovering and slowly moving to the upsideThe AIA tracks the 50 largest Asian equities. As you can see it's been moving steadily to the upside after the disastrous inception of COVID-19 in March-April.
It's sobering to compare this chart to the S&P, and especially the UK's FTSE 100 - it's clear to see that the AIA is a much safer bet at th
AIA - Tracking the Asian marketsAIA is an ETF that acts as an S&P equivalent for certain Asia markets.
It is made up of 58 equities. Tencent makes up 14%. Samsung 10%. Taiwan Semiconductor is 3rd.
Fund also holds healthcare, real estate and energy stocks.
See all ideas