 The
iShares MSCI EAFE Growth ETF (EFG) is an exchange-traded fund that
tracks the performance of companies in developed markets outside of
the U.S. and Canada that exhibit growth characteristics. The ETF seeks
to track the investment results of the MSCI EAFE Growth Index, which
includes large- and mid-cap companies in developed markets in Europe,
Australasia, and the Far East.
As of September 2021, the top
five holdings in the EFG ETF are ASML Holding NV, Tencent Holdings
Ltd., Kweichow Moutai Co. Ltd., LVMH Moet Hennessy Louis Vuitton SE,
and Nestle SA. The ETF is heavily weighted towards information
technology, consumer discretionary, and healthcare sectors, with over
60% of its holdings in these sectors.
The EFG ETF offers
investors exposure to developed markets outside of North America and
provides diversification benefits to a portfolio. It is a suitable
investment option for investors seeking long-term growth opportunities
in developed markets outside of the U.S. and Canada.
Investors
should note that the EFG ETF comes with its own set of risks,
including currency risk, geopolitical risk, and country-specific risk.
Additionally, like all ETFs, the EFG ETF charges a management fee,
which can impact its overall performance over time.
|
