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iShares Adds MSCI Country, Accumulating Euro Stoxx 50 ETFs
By IU.eu Staff | January 25, 2010 6:38 am

iShares has listed four new ETFs on the London Stock Exchange.

The iShares MSCI Australia, South Africa and Canada ETFs offer single country exposure in those commodity-related economies.

The MSCI Australia index consists of around 75 stocks, with the financials and materials sectors making up over 70% of the benchmark. The MSCI Canada index has 96 constituents, with commodity-related sectors accounting for almost 50%. The MSCI South Africa index has 45 South African stocks, with commodity-related sectors making up almost 40% of the benchmark.

The iShares MSCI Australia and Canada ETFs have a total expense ratio of 0.59% per annum, while the MSCI South Africa ETF has a TER of 0.74% per annum. All three funds reinvest dividends.

The iShares DJ Euro Stoxx 50 Accumulating ETF also reinvests its dividend income. The fund has a TER of 0.35% per annum, 20 basis points more than the benchmark iShares DJ Euro Stoxx 50 ETF, which distributes its income.

 

 

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