KWTiShares MSCI Kuwait ETF

Grow my money5y track recordRanked #2,000 of 2,960 in this goal

Seeks to track the investment results of a broad-based equity index with exposure to Kuwait.

By iShares · Launched 2020

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$70M

#3,262 of 5,562 · mid-size

Return (1Y)Goal

+9.7%

Track Record

5 years

#2,173 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,149+11.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Cap

Multi cap

Strategy

Index tracking

Index tracked

MSCI All Kuwait Select Size Liquidity Capped Index

What it actually holds

By weight

Concentration

Top 10 holdings = 67.7% of fundconcentrated

Kuwait Finance House KSCP

22.3%

National Bank of Kuwait SAKP

22.0%

Mobile Telecommunications Co KSCP

4.2%

Mabanee Co KPSC

3.5%

Gulf Bank KSCP

3.4%

Warba Bank KSCP

3.2%

National Industries Group Holding SAK

2.7%

Boursa Kuwait Securities Co KPSC

2.4%

Kuwait Real Estate Co KSC

2.1%

Al Ahli Bank of Kuwait KSCP

2.0%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Financial Services

66.0%

Real Estate

11.3%

Industrials

9.5%

Communication

6.3%

Consumer Defensive

2.5%

Basic Materials

2.0%

Consumer Cyclical

1.7%

Utilities

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.7%Moderate

Year-on-year price swings

Max drawdown

-25.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.56Decent risk-adjusted returns

Sortino (3Y)

0.82Moderate downside risk

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of a broad-based equity index with exposure to Kuwait.
Strategy: Tracks the MSCI All Kuwait Select Size Liquidity Capped Index, a free float-adjusted market capitalization-weighted index composed of securities within the Broad Kuwait Equity Universe. The Fund invests primarily in equity securities of companies classified in Kuwait or with significant linkage to Kuwait. It uses a representative sampling strategy to manage the Fund, investing at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% in certain derivatives and cash equivalents.
Inception date: September 1, 2020
Fund family: iShares