Key stats
About iShares MSCI South Africa Index Fund
Home page
Inception date
Feb 3, 2003
Structure
Open-Ended Fund
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
Stocks99.27%
Finance36.13%
Non-Energy Minerals26.48%
Technology Services15.56%
Retail Trade9.51%
Communications5.93%
Consumer Services3.40%
Health Technology1.37%
Process Industries0.89%
Bonds, Cash & Other0.73%
Cash0.73%
Stock breakdown by region
Africa87.72%
Europe12.28%
North America0.00%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history