EWY 📈 iShares MSCI South Korea - Overview

The iShares MSCI South Korea ETF, traded on the NYSE ARCA under the ticker EWY, is designed to track the performance of the large- and mid-capitalization segments of the Korean equity market. To achieve this, the fund typically allocates at least 80% of its assets to the component securities of its underlying index, which is a free float-adjusted market capitalization-weighted index. This approach ensures that the fund's portfolio closely mirrors the composition and weightings of the underlying index, providing investors with exposure to the Korean market's most prominent companies. Additionally, the fund may invest in other securities that have economic characteristics substantially identical to those of the component securities of the index, further enhancing its ability to replicate the index's performance.

As a non-diversified fund, the iShares MSCI South Korea ETF is not required to meet the same diversification standards as diversified funds, which means it can concentrate its investments in a smaller number of securities. This allows the fund to more closely track the performance of its underlying index, which is focused on the large- and mid-capitalization segments of the Korean equity market. The fund's underlying index is designed to provide a comprehensive representation of the Korean market, including companies from a range of industries, such as technology, manufacturing, and finance. By investing in this fund, investors can gain exposure to the growth potential of the Korean economy and the performance of its leading companies.

The iShares MSCI South Korea ETF is part of the iShares family of exchange-traded funds, which is managed by BlackRock, one of the world's largest asset managers. The fund is listed on the NYSE ARCA and is available to investors in the United States. With its transparent and rules-based investment approach, the fund provides investors with a convenient and cost-effective way to gain exposure to the Korean equity market. The fund's details, including its holdings, performance, and other information, are available on the iShares website, which can be accessed at http://www.ishares.com. The fund's domicile is the United States, and its ISIN is US4642867729, which can be used to identify the fund in trading and other financial systems.