EWP Profile
The iShares MSCI Spain ETF aims to replicate the performance of its underlying index, which is a free float-adjusted, market capitalization-weighted benchmark. This index is designed to capture the performance of the large- and mid-capitalization segments of the Spanish equity market. By tracking this index, the ETF offers investors exposure to a broad range of prominent Spanish companies across various sectors.
The fund typically invests at least 80% of its total assets in the securities that constitute the index or in investments that have economic characteristics substantially identical to those of the index components. This strategy ensures that the ETF's performance closely mirrors that of the Spanish equity market, reflecting the investment results of its benchmark index.
Investors in the iShares MSCI Spain ETF gain access to a diverse portfolio of major Spanish firms, including those in sectors such as finance, telecommunications, consumer goods, and energy. This broad exposure helps to capture the overall performance of Spain's economy and its significant industry players. The ETF includes both established large-cap companies and influential mid-cap firms, providing a comprehensive view of the Spanish equity landscape.
As a non-diversified fund, the iShares MSCI Spain ETF focuses exclusively on Spanish equities, concentrating its investments within the country's market. This approach allows investors to gain targeted exposure to Spain's key economic sectors and leading companies, reflecting the performance and growth prospects of the Spanish market.
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