iShares begun trading the iShares MSCI Saudi Arabia Capped ETF (NYSEArca: KSA) on Thursday, September 17, 2015.

 

FUND INFORMATION:

Symbol: KSA	Exchange: NYSE Arca
Name: iShares MSCI Saudi Arabia Capped ETF	Net Expense Ratio: 0.74%

 

FUND OBJECTIVE:
The iShares MSCI Saudi Arabia Capped ETF seeks to track the investment results of MSCI Saudi Arabia IMI (IMI) 25/50 Index.

 

REFERENCE INDEX:
The MSCI Saudi Arabia IMI (IMI) 25/50 Index consists of stocks traded primarily on the Saudi Arabian Stock Exchange.
The Underlying Index is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not exceed 50% of the Underlying Index weight.
The Underlying Index is designed to measure the equity market in Saudi Arabia, upon the market opening to foreign investors, and may include large-, mid- or small-capitalization companies.  Components of the Underlying Index primarily include financials, materials and telecommunications companies.

 

Top Holdings(09/16/2015):

SAUDI BASIC INDUSTRIES CORP	18.32%
SAUDI TELECOM CO.	8.99%
NATIONAL COMMERCIAL BANK ORD	7.90%
SAUDI ELECTRIC CO	4.79%
ALMARAI CO.	4.35%
SAMBA FINANCIAL GROUP	4.10%
RIYAD BANK	3.85%
BANQUE SAUDI FRANSI	3.39%
AL RAJHI BANK	2.96%
SAVOLA GROUP	2.88%

 

Top Sector Breakdown (09/16/2015):

Financials	30.73%
Materials	28.31%
Telecommunication Services	10.32%
Consumer Staples	8.70%
Consumer Discretionary	4.97%
Utilities	4.79%
Health Care	2.52%
Industrials	1.46%
Energy	1.39%

 

Useful Links:
KSA Home Page

 

Category: Equities> Regions> Middle East/Africa> Saudi Arabia