About KSA ETF
Overview: The BlackRock Saudi Arabia ETF (KSA) debuted in September 2015 and is the first and the only ETF to provide direct exposure to Saudi Arabian equity. The fund is dominated by Basic Materials and Financials Sector and it does a decent job to provide coverage of a market that's not easy to access. 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: KSA has invested in Financials (42%), Basic Materials (34%), Telecommunications (6%), Consumer Non-Cyclical (5%) and Consumer Cyclical (3%). Geography: KSA has invested 100% of its assets in Saudi Arabia. Investment Strategy: The ETF tracks a market cap-weighted index of Saudi Arabian firms covering 99% of the market cap spectrum. Recommended for: Growth It allows investors to targeted exposure to a country with growth potential. It provides access to the Saudi Arabian stock market, which has historically been closed to foreign investors. According to ETFdb.com, ???For Saudi Arabia and the region, this is a great opportunity to move into the limelight of international foreign investors, and to attract inflows.??? Additional Information: 1. Fund Factsheet 2. Investors Bet On Saudi Arabia ETF Ahead Of Big Index Decisions
Returns
| Performance | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|
| Blackrock Saudi Arabia ETF | 16.78% | 42.97% | 9.69% | 13.08% |
Asset Class
Asset type breakdown
KSA Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| The Saudi National Bank | 12.12% | |
| Al Rajhi Banking and Investment Corporation | 11.19% | |
| Saudi Basic Industries Corporation | 10.03% | |
| Saudi Arabian Oil Company | 7.08% | |
| Saudi Telecom Company | 6.88% | |
| Riyad Bank | 3.68% | |
| Saudi Arabian Mining Company (Ma'aden) | 2.94% | |
| The Saudi British Bank | 2.61% | |
| Banque Saudi Fransi | 2.52% | |
| Saudi Electricity Company | 2.47% |
KSA Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Financial Services | 40.45% | |
| Basic Materials | 23.76% | |
| Communication Services | 9.62% | |
| Energy | 7.79% | |
| Consumer Cyclicals | 4.59% | |
| Consumer Defensive | 3.86% | |
| Healthcare | 2.96% | |
| Utilities | 2.71% | |
| Industrials | 2.39% | |
| Real Estate | 1.87% |
KSA Countries
| Countryi | % of market value | |
|---|---|---|
| Africa/Middle East | 100% |
Projected Returns
Returnsbased on historic SIP returns of 7.77% per annum
KSA Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | KSA | |
| Exchange | ARCX | |
| ISIN | US46434V4234 |
| Cat. Benchmark | MSCI ACWI Ex USA NR USD | |
| Asset class | Equity | |
| Category | Miscellaneous Region | |
| Country | US |
KSA Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.74 | i |
| Beta | 0.8 | i |
| Valuations Rates Portfolio PE | 18.90452 | i |
| 3 Year Standard Deviation | 18.85 | i |
Fund Strategy
iShares MSCI Saudi Arabia ETF is an exchange-traded fund incorporated in the USA. The investment seeks to track the investment results of the MSCI Saudi Arabia IMI 25/50 Index. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index.
KSA 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.
