Key stats
About ISHARES TRUST MSCI SAUDI ARABIA ETF
Home page
Inception date
Sep 16, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
KSA was the first ETF to provide direct exposure to Saudi Arabian equities. Foreign ownership of Saudi stocks was prohibited before June 2015, and the fund's continued ability to invest is subject to limitations and review by the country's regulators. The fund holds a concentrated portfolio of all-cap Saudi Arabian securities across various sectors, selected and weighted by market-cap. To maintain RIC compliance, holdings are constrained at each quarterly rebalance such that no individual security exceeds 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. Overall, KSA offers a decent, comprehensive coverage on the Saudi Arabian equity market.
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
Energy Minerals
Stocks99.85%
Finance43.45%
Energy Minerals10.58%
Communications9.15%
Process Industries8.84%
Non-Energy Minerals6.24%
Utilities4.95%
Health Services3.44%
Technology Services2.99%
Consumer Non-Durables2.71%
Retail Trade1.27%
Distribution Services1.19%
Transportation1.18%
Health Technology0.84%
Commercial Services0.76%
Producer Manufacturing0.72%
Consumer Services0.68%
Industrial Services0.60%
Consumer Durables0.26%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
Middle East100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history