Key stats
About iShares Trust iShares MSCI Saudi Arabia ETF
Expense ratio
0.74%
Home page
Inception date
Sep 16, 2015
ISIN
US46434V4234
KSA was the first ETF to provide direct exposure to Saudi Arabian equities. Foreign ownership of Saudi stocks was prohibited before June 2015, and the fund's continued ability to invest is subject to limitations and review by the country's regulators. The fund holds a concentrated portfolio of all-cap Saudi Arabian securities across various sectors, selected and weighted by market-cap. To maintain RIC compliance, holdings are constrained at each quarterly rebalance such that no individual security exceeds 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. Overall, KSA offers a decent, comprehensive coverage on the Saudi Arabian equity market.
Classification
What's in the fund
Exposure type
Finance
Process Industries
Stock breakdown by region