EZA ishares MSCI South Africa ETF

Transcription

1 ishares MSCI South Africa ETF ETF.com segment: Equity: South Africa - Total Market Competing ETFs: N/A Related ETF Channels: Size and Style, Broad-based, South Africa, Middle East and Africa, Vanilla, Total Market, Equity, Emerging Markets Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. 95 FUND DESCRIPTION tracks the performance of a market-cap-weighted index of South African stocks. It captures 85% of the publicly available market, excluding all small-caps. FACTSET ANALYTICS INSIGHT captures the South African total equity space with a cap-weighted basket that holds about half as many firms as our segment benchmark. It tilts large compared to our more comprehensive benchmark but nevertheless provides neutral sector exposure and fairly even concentration with one major exception: Naspers Ltd comprises roughly a quarter of the portfolio and the vast majority of its exposure to the tech sector. In this it accurately reflects the underlying market, but it's still a striking concentration in an otherwise broadly-distributed fund. It trades well in both small and large sizes, and robust volume keeps average spreads fair. Large premiums and discounts don't indicate poor liquidity; instead, they just highlight the mismatch in trading hours between fund shares and underlying stocks. Those looking to trade blocks can expect low transaction costs too.the fund is expected to change its underlying index to MSCI South Africa 25/50 Index on or about 1 Spet The change will ensure compliance with RIC diversification requirement. MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 14, 2019 the ishares MSCI South Africa ETF MSCI ESG Fund Quality Score is 6.01 out of 10. SUMMARY DATA Issuer Brand Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings BlackRock ishares 02/03/03 Open-Ended Fund 0.59% $585.98M $43.44M $27.81B % 06/17/19 51 The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 97th percentile within its peer group and in the 67th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology MSCI South Africa 25/50 Index Market Cap Market Cap MSCI South Africa IMI Index

2 1 Year Daily Price ($) Mar Apr May Jun Jul Aug Sep Oct Nov Dec `19 Feb 4M PERFORMANCE [as of 02/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS -2.97% 6.55% 4.34% % 9.17% -0.03% 7.57% (NAV) -4.22% 4.72% 2.07% % 9.10% -0.09% 7.49% MSCI South Africa 25/50 Index 7.49% MSCI South Africa IMI Index All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES South Africa Germany % TOP 10 SECTORS Financials 33.41% Telecommunications Serv 6.78% Technology 24.29% Consumer Non-Cyclicals 6.53% Consumer Cyclicals 7.91% Healthcare 3.40% Basic Materials 7.39% Industrials 1.92% Energy 7.11% TOP 10 HOLDINGS Naspers Limited Class N 23.41% Absa Group Limited 3.23% Standard Bank Group Lim 5.79% Sanlam Limited 2.90% Sasol Limited 5.34% Nedbank Group Limited 2.82% FirstRand Limited 5.14% Remgro Limited 2.60% MTN Group Limited 3.45% Bid Corporation Limited 2.44% Total Top 10 Weighting 57.12%

3 PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.59% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K % / 39.60% Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 80% / 20% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily

4 Daily Spread 0.5% FACTSET ANALYTICS BLOCK LIQUIDITY As of 02/15/19 0.4% 0.3% 0.2% 0.1% 0% This measurement shows how easy it is to trade a $1 million USD block of. is rated a 4 out of 5. Premium/Discount 2.0% TRADABILITY Avg. Daily Share 816, % Average Daily $ $43.44M -2.0% Median Daily Share 765, % 3M 2M 1M Median Daily ($) Average Spread (%) Average Spread ($) $38.42M $0.07 Apr May Jul Sep Oct Dec Feb Median Premium / Discount (12 Mo) Max. Premium / Discount (12 Mo) 3.60% / -4.36% Impediment to Creations None Market Hours Overlap 8.00% Creation Unit Size (Shares) 100,000 Creation Unit/Day (45 Day Average) 7.66 Creation Unit Cost (%) 0.02% Underlying / Unit 0.70% Open Interest on ETF Options 11,913 Net Asset Value (Yesterday) $52.02 ETF.com Implied Liquidity 4

5 SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Financials 33.41% 27.81% Technology 24.29% 26.31% Consumer Cyclicals Basic Materials 7.91% 7.10% 7.39% 7.70% Energy 7.11% 5.71% Telecommunications Services Consumer Non- Cyclicals 6.78% 5.24% 6.53% 6.80% Healthcare 3.40% 2.53% Naspers Limited Class N Standard Bank Group Limited Sasol Limited FirstRand Limited MTN Group Limited Absa Group Limited Sanlam Limited Nedbank Group Limited Remgro Limited Bid Corporation Limited 23.41% 5.79% 5.34% 5.14% 3.45% 3.23% 2.90% 2.82% 2.60% 2.44% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation MSCI ESG RATINGS MSCI ESG Quality Score Peer Group Percentile Rank Global Percentile Rank MSCI South Africa IMI Index 6.01 / Industrials 1.92% 3.57% Total Top 10 Weighting 57.12% SRI Screening Criteria Exposure 1.37% COUNTRIES South Africa % 99.87% Germany 0.13% Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 1.79% REGIONS Middle East & Africa % 99.87% Europe 0.13% ECONOMIC DEVELOPMENT BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents Shared Holdings Shared Holdings Weight % Emerging Countries % 99.87% Developed Countries 0.13% BENCHMARK COMPARISON SUMMARY Number of Holdings Weighted Average Market Cap $27.81B $28.39B Price / Earnings Ratio Price / Book Ratio Dividend Yield % 3.25% Concentration High High

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