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Ishares Msci Frontier 100
IShares MSCI Frontier 100 ETF (FM) is an exchange-traded fund that seeks to track the investment results of the MSCI Frontier 100 Index. The fund is managed by BlackRock, Inc., a leading global investment management firm.
The MSCI Frontier 100 Index is designed to measure the performance of the 100 largest and most liquid securities listed in frontier markets. Frontier markets are generally considered to be less developed and smaller than developed and emerging markets.
As of February 2023, the top three country exposures of FM are Kuwait (17.35%), United Arab Emirates (16.23%), and Vietnam (13.11%). The fund's top three holdings are: Kuwait Telecommunications Company (9.89%), Vietnam Dairy Products JSC (8.49%), and Dubai Islamic Bank PJSC (7.71%).
It's important to note that investing in ETFs like FM involves risks, including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of the ETFs before investing. This information can be found in the prospectus and should be read carefully before investing.
This information is for general information only, and is not intended as investment advice. Past performance is not indicative of future results. I am a language model and not a stock expert.