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FXB is the stock symbol for the iShares MSCI Mexico Capped ETF, a publicly traded exchange-traded fund (ETF) in the USA. It aims to provide investment results that correspond generally to the performance of the MSCI Mexico IMI 25/50 Index.
Key information about iShares MSCI Mexico Capped ETF (FXB) includes:
1. ETF Objective: The iShares MSCI Mexico Capped ETF seeks to track the investment results of the MSCI Mexico IMI 25/50 Index, which consists of stocks traded primarily on the Mexican Stock Exchange. It is a market-capitalization-weighted index that includes a minimum of 25 securities and a maximum of 50 securities, allowing for diversification while focusing on large- and mid-cap Mexican companies.
2. Dividends: Being an ETF, FXB distributes dividends to its shareholders. The dividend yield, as of February 27, 2023, is approximately 3.22%. Dividends are typically distributed quarterly. You can find historical dividend information on financial websites or the issuer's official website.
3. Earnings and Growth: As an ETF, FXB's earnings are a result of the underlying companies' earnings within the MSCI Mexico IMI 25/50 Index. To evaluate the growth potential, investors often look at factors like earnings growth, revenue growth, and price-to-earnings ratio (P/E) of the underlying companies or the ETF. When analyzing FXB, it's essential to consider Mexico's overall economic outlook and individual company performances within the ETF.
4. Risks: Investing in FXB involves risks such as market volatility, foreign investment risks (e.g., fluctuations in currency exchange rates, political, and economic changes), and risks associated with the specific securities within the ETF. Potential investors should carefully consider the prospectus and seek advice from financial professionals before investing.
To get the latest and most accurate information, it is recommended to visit the issuer's official website (iShares by BlackRock) or consult with a financial advisor.