UAEiShares MSCI UAE ETF

Grow my money12y track recordRanked #773 of 2,960 in this goal

Seeks to track the investment results of an index composed of UAE equities.

By iShares · Launched 2014

Annual Cost

0.59%

#3,001 of 5,562 · average

Fund Size

$275M

#2,027 of 5,562 · mid-size

Return (1Y)Goal

+16.7%

Track Record

12 years

#1,179 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,966+19.7%

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 UAE Capped Index

What it actually holds

By weight

Concentration

Top 10 holdings = 66.3% of fundconcentrated

EMAAR PROPERTIES (P.J.S.C)

14.1%

FIRST ABU DHABI BANK P.J.S.C.

11.1%

Emirates Telecommunications Group Company PJSC

9.9%

EMIRATES NBD BANK (P.J.S.C)

7.2%

Abu Dhabi Commercial Bank PJSC

4.8%

Dubai Islamic Bank P.J.S.C.

4.4%

Abu Dhabi Islamic Bank PJSC

4.4%

ALDAR PROPERTIES PJSC

4.0%

ADNOC Gas PLC

3.3%

ADNOC DRILLING COMPANY P.J.S.C.

3.1%

Asset allocation

Stocks

99.4%

Cash

0.6%

By sector

Financial Services

38.2%

Real Estate

21.4%

Industrials

10.8%

Communication

10.2%

Energy

7.9%

Consumer Cyclical

4.9%

Utilities

4.1%

Consumer Defensive

1.6%

Other

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.7%High

Year-on-year price swings

Max drawdown

-49.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.68Decent risk-adjusted returns

Sortino (3Y)

1.00Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to track the investment results of an index composed of UAE equities.
Strategy: Seeks to track the investment results of the MSCI All UAE Capped Index, a free float-adjusted market capitalization-weighted index composed of UAE securities. The Fund invests primarily in the component securities of the Underlying Index, which targets a minimum of 25 securities and 20 issuers, including large-, mid-, and small-cap companies. The Fund generally invests at least 80% of its assets in the Underlying Index components and may use representative sampling to manage the Fund, aiming to keep portfolio turnover low compared to actively managed funds.
Inception date: April 29, 2014
Fund family: iShares