iShares MSCI Russia Capped ETF (ERUS)

Overview

The company described operates as an investment fund that aims to closely replicate the performance of the Russian equity market, particularly focusing on large- and mid-cap segments. The strategy involves investing a minimum of 80% of its assets in securities that are part of its underlying index or those that closely mirror the economic characteristics of such securities. The underlying index is a free float-adjusted, market capitalization-weighted index. By adhering to this strategy, the fund intends to offer investors exposure to the Russian stock market. Despite its targeted investment approach, it is important to note that the fund is classified as non-diversified, suggesting that it may concentrate its investments more heavily in fewer securities or market sectors.

Products and Services

• Component Securities Investment

  This service involves investing directly in the securities that make up the underlying index of the fund. It aims to ensure that the fund's performance closely tracks the performance of the selected segments of the Russian equity market by mirroring its component securities.

• Investments with Economic Characteristics Identical to Component Securities

  In addition to direct investments in the underlying index securities, the fund also seeks investments that offer economic characteristics substantially identical to those of the index's component securities. This strategy enhances the fund's ability to mimic the market segment it targets.

• Market Capitalization-Weighted Index Strategy

  The underlying index's methodology of using a free float-adjusted, market capitalization-weighted approach allows the fund to focus on the large- and mid-capitalization segments of the Russian equity market. This weighting strategy helps in reflecting the actual market composition and performance more accurately.