iShares MSCI Italy ETF (EWI)
XMEX 
Summary
EWI Chart
EWI: Capturing Italy's Banking And Infrastructure Investment Cycle
The iShares MSCI Italy ETF offers concentrated exposure to Italian financials, utilities, and industrials, benefiting from sector consolidation and EU-supported investments. EWI's performance is driven by Italian banking consolidation, EU recovery investments, and European defense and energy spending, despite Italy's low economic growth. The ETF trades above its 10-year average valuation but remains attractive relative to European and global indices, supporting a BUY rating.
Italy aims to defend national ownership of hydro power plants, minister says
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Italy business lobby calls for emergency action to boost renewables roll out
Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.
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iShares MSCI Italy ETF Profile
| XMEX Exchange | US Country |
Overview
The company operates as an investment fund with a strategic focus on capturing the value of the Italian equity market. It dedicates at least 80% of its assets towards investing in securities that are part of its underlying index or those with similar economic characteristics. The objective is to mirror the performance of the underlying index, which is a free float-adjusted market capitalization-weighted index geared towards tracking the large- and mid-capitalization segments of the Italian equity market. This fund is characterized by its non-diversified structure, indicating a concentrated investment approach in the Italian market segment it targets.
Products and Services
- Index-Matched Equity Investments
This product involves investing in the component securities of the fund's underlying index, focusing on replicating the performance of large- and mid-cap segments of the Italian equity market. The objective is to offer investors exposure to the Italian market through a selection of securities that are representative of its economic landscape, offering a direct correlation with the market’s performance.
- Substantially Identical Investments
In addition to direct index components, the fund invests in financial instruments and securities that have economic characteristics substantially identical to the component securities of its underlying index. This approach allows for flexibility in achieving the fund’s matching goal while providing similar market exposure and performance outcomes as the direct index components.
Contact Information
