About EWM ETF
Overview:
The iShares by BlackRock Malaysia ETF (EWM) is one of the longest living ETFs in the market that invests in large and mid-sized companies in Malaysia and is managed by BlackRock that has a total AUM of $6.28T.
EWM is an exchange-traded fund incorporated in the USA in March 1996. EWM is one of the oldest ETFs in the market.
About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.
Sector:
EWM has invested in Financials (33%), Utilities (13%), Consumer Non-Cyclical (12%), Industrials (12%), and Telecommunications (8%).
Geography:
EWM has invested 100% of its assets in Malaysia.
Investment Strategy:
The ETF seeks to track the investment results of an index composed of large and small cap Malaysian companies.
Recommended for:
Growth
EWM is close to the neutral benchmark with a basket containing only about a third as many companies as the benchmark, and with a slight tilt toward large-caps.
According to ETFdb.com, "For investors seeking greater exposure to the Malaysian market, EWM is one of the only 'pure play' option available."
Additional Information:
1. Fund Factsheet
2. These Stock Markets In South Asia Should Be On ETF Investors' Radar
3. Single-Country Emerging Market ETFs: A Review Since Market Bottom
How did we identify this ETF:
A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R - squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. EWM is a great example of an especially liquid fund where the ETF is altogether more liquid than its underlying securities. It charges a reasonable expense ratio for a country-specific ETF and tracking has generally been strong. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
