ISHARES MSCI BELGIUM ETFISHARES MSCI BELGIUM ETFISHARES MSCI BELGIUM ETF

ISHARES MSCI BELGIUM ETF

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Key stats

Assets under management (AUM)
‪286.03 M‬MXN
Fund flows (1Y)
‪−76.00 M‬MXN
Dividend yield (indicated)
2.01%
Discount/Premium to NAV
1.3%

About ISHARES MSCI BELGIUM ETF

Issuer
BlackRock, Inc.
Brand
iShares
Expense ratio
0.50%
Inception date
Mar 12, 1996
Index tracked
MSCI Belgium IMI 25/50 Index
Management style
Passive
EWK covers the all cap space of the Belgium market. No ETF can fully replicate the Belgian market due to RIC diversification rules. The colossal Anheuser-Busch InBev represents over half of the Belgian market, but RIC rules force funds to cap exposure to a single constituent at 25%. Therefore, EWK is forced to underweight Anheuser-Busch InBev to about a quarter of the total portfolio, and each sector outside consumer cyclicals is consistently over-weighted by a few percentage points. Specifically the constraints includes that the sum of the weights of all issuers representing more than 5% of the index should not exceed 50%. The index is rebalanced quarterly.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Consumer Non-Durables
Health Technology
Stock breakdown by region
100%