 The
iShares MSCI Finland ETF (EFNL) is an exchange-traded fund that tracks
the investment results of the MSCI Finland IMI 25/50 Index. The index
is designed to measure the performance of the large, mid, and small
capitalization segments of the Finnish equity market.
EFNL was
launched on February 14, 2011. The ETF has an expense ratio of 0.53%
and is traded on the NASDAQ stock exchange.
As of March 23,
2023, EFNL has total net assets of $85.92 million. The ETF holds 32
stocks, with its largest holdings in the financials, information
technology, and industrials sectors. The top holdings of the ETF are
Nokia Corp, Sampo Oyj, and Nordea Bank Abp.
The fund's
objective is to provide investors with exposure to Finland's equity
market. The ETF provides diversification benefits by investing in a
broad range of companies, thus reducing the risk associated with
investing in a single stock or sector. Investors who are bullish on
the Finnish economy or want to diversify their portfolio with exposure
to European equity markets may consider investing in EFNL.
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