About QAT ETF
The BlackRock Qatar ETF (QAT) debuted in April 2014 and is the first and the only ETF to provide direct exposure to Qatar equity. It provides vanilla coverage to a truly emerging market and holds around 20 securities. Though it???s the Energy sector that is a big part of the economy, it???s the financials that dominate the equity 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.
The ETF tracks a market-cap-weighted index of large-, mid- and small-cap Qatari companies.
QAT has invested in Financials (53%), Industrials (17%), Real Estate (12%), Telecommunications (6%), and Utilities (4%).
QAT has invested 100% of its assets in Qatar.
It allows investors to targeted exposure to a country with growth potential. It provides access to the Qatar stock market, which has historically been closed to foreign investors.
According to ETFdb.com, "For Qatar and the region, this is a great opportunity to move into the limelight of international foreign investors, and to attract inflows."
1. Fund Factsheet
2. iShares MSCI Qatar ETF: Breathing Room In Emerging Markets