Blackrock South Africa ETF | EZA

High RiskEquity
Blackrock South Africa ETF
Issued by:iShares by Blackrock
Index : AMEX
Unit Price (NAV) :
$
Minimum investment: 2 units
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Blackrock South Africa ETF | EZA

Blackrock South Africa ETF | EZA

About EZA ETF

Overview:
The iShares by BlackRock South Africa ETF (EZA) has a large tech tilt compared to the benchmark and invests in South Africa and is managed by BlackRock that has a total AUM of $6.28T.

EZA is an exchange-traded fund incorporated in the USA in Feb 2003.

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.

Investment Strategy:
The ETF seeks to track the investment results of an index composed of a broad range of companies in South Africa.

Sector:
EZA has invested in Consumer Cyclical (26%), Financials (26%), Consumer Non-Cyclical (9%), Energy (8%), and Real Estate (7%).

Geography:
EZA has invested in South Africa (94%), United Kingdom (5%), and Luxembourg (1%).

Recommended for:
Growth

EZA captures the South African total equity space with a market cap-weighted basket that holds about half as many firms as the segment benchmark. It is tilted towards large cap but nevertheless provides neutral sector exposure.

According to ETFdb.com, "For investors seeking greater exposure to the South African market, EZA is one of the only 'pure play' option available."

Additional Information:
1. Fund Factsheet
2. Is The South Africa ETF Worth The Risk? (EZA)
3. Investing in Frontier Markets: Top African ETFs (AFK, EZA)

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. It trades well in both small and large sizes, and robust volume keeps average spreads fair. Large premiums and discounts don't indicate poor liquidity; instead, they just highlight the mismatch in trading hours between fund shares and underlying stocks. Those looking to trade blocks can expect low transaction costs too. 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.

Returns

EZA Charts
Lifetime-3.84%p.a.
52 Week High: $|52 Week Low: $
PerformanceYTD1Y3Y5Y10Y
Blackrock South Africa ETF13.44%73.18%-2.68%4.95%-0.08%

Asset Class

Asset type breakdown
Stock non-US99.64%
Cash0.36%

EZA Holdings - Top 10

NameiWeightage (%)
Naspers Limited21.20%
Impala Platinum Holdings Limited5.58%
FirstRand Limited5.51%
Sibanye Stillwater Limited4.36%
Standard Bank Group Limited3.73%
MTN Group Limited3.67%
AngloGold Ashanti Limited3.23%
Sasol Limited3.19%
Gold Fields Limited3.16%
Anglo American Platinum Limited3.07%

EZA Sectors/Industry Breakdown

Sectori% of market value
Communication Services28.27%
Financial Services25.23%
Basic Materials25.22%
Consumer Cyclicals4.95%
Consumer Defensive4.61%
Energy4.56%
Healthcare3.22%
Real Estate2.50%
Industrials1.42%

EZA Countries

Countryi% of market value
Africa/Middle East97.58%
Europe Developed1.22%
Europe Emerging1.20%

Projected Returns

Investment ofper month
gives returns of :
at -0.04% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of -0.04% per annum
$
$
$- 0.04

EZA Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol EZA
Exchange ARCX
ISIN US4642867802
Cat. Benchmark MSCI ACWI Ex USA NR USD
Asset class Equity
Category Miscellaneous Region
Country US

EZA Portfolio Data & Volatility Analysis

Net Expense Ratio 0.59i
Beta 1.46i
Valuations Rates Portfolio PE 9.89408i
3 Year Standard Deviation 29.17i

Fund Strategy

iShares MSCI South Africa ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the MSCI South Africa 25/50 Index. The ETF weights the holdings using a market capitalization methodology.

EZA Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock South Africa ETF | EZA