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About iShares MSCI South Africa Index Fund
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Inception date
Feb 3, 2003
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EZA aims to capture the South African equity space by tracking a cap-weighted index that represents a majority of the market. It tilts large compared to our more comprehensive benchmark, as it excludes small-caps from its portfolio, Nevertheless, it still provides neutral sector exposure. Given the limitations of a small country like South Africa, investors must be conscious before investing in this fund, as it may allocate more resources to some select companies. Hence, a cap of 25% per issuer is used to ensure diversification among its holdings. EZA uses a representative sampling strategy, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index is rebalanced quarterly. Before September 2017, the fund tracked an uncapped version of its current index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Technology Services
Stocks98.20%
Finance35.55%
Non-Energy Minerals24.90%
Technology Services16.82%
Retail Trade9.17%
Communications6.29%
Consumer Services3.21%
Process Industries1.17%
Health Technology1.09%
Bonds, Cash & Other1.80%
Cash1.80%
Stock breakdown by region
Africa89.14%
Europe10.86%
North America0.00%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EZA invests in stocks. The fund's major sectors are Finance, with 35.55% stocks, and Non-Energy Minerals, with 24.90% of the basket. The assets are mostly located in the Africa region.
EZA top holdings are Naspers Limited Class N and Anglogold Ashanti PLC, occupying 16.82% and 7.46% of the portfolio correspondingly.
EZA last dividends amounted to 2.42 USD. Six months before that, the issuer paid 0.63 USD in dividends, which shows a 74.06% increase.
EZA assets under management is 415.84 M USD. It's risen 8.63% over the last month.
EZA fund flows account for 66.86 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EZA pays dividends to its holders with the dividend yield of 5.55%. The last dividend (Dec 20, 2024) amounted to 2.42 USD. The dividends are paid semi-annually.
EZA shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Feb 3, 2003, and its management style is Passive.
EZA expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
EZA follows the MSCI South Africa 25-50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EZA invests in stocks.
EZA price has risen by 6.52% over the last month, and its yearly performance shows a 30.67% increase. See more dynamics on EZA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.07% over the last month, showed a 17.42% increase in three-month performance and has increased by 43.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.07% over the last month, showed a 17.42% increase in three-month performance and has increased by 43.45% in a year.
EZA trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.