iShares Asia 50 ETF (AIA) is an exchange-traded fund listed on NASDAQ, issued by IShares. It last traded at $127.69 (+0.92% on the day), within a 52-week range of $90.95 to $150.83. It is an equity fund with 53 holdings, $4.48B in assets under management and an expense ratio of 0.5%. It launched on Nov 13, 2007.
AIA is fairly straightforward: it is essentially a mega-cap fund that offers exposure to 50 of the largest companies in Asia. Only companies from four major Asian countries, mainly, Hong Kong, South Korea, Singapore, and Taiwan, can be included in the fund. It's a concentrated play that screens constituents by liquidity and market cap though, as is usually the case for some S&P indices, the stocks are personally picked by a committee before being included in the index. Stocks are also given weight based on their float market cap. However, any single issuer is limited to 22.5%, and the…
ETF data for AIA: Summary · AI Insight · News · Holdings