February 07, 2012 at 07:00 AM EST
First Ex-Japan Small Cap ETF Debuts
iShares continued its torrid pace of product development with yet another first-to-market ETF, rolling out a fund targeting small cap Asian stocks excluding Japan. The new iShares MSCI All Country Asia ex Japan Small Cap Index Fund (AXJS) is the first to specifically target small cap stocks in that geographic segment, though a handful of other exchange-traded products offer exposure to larger Asian companies while explicitly excluding Japan [see also Five New Features On ETFdb.com] . Under The Hood Linked to the MSCI All Country Asia ex Japan Small Cap Index, AXJS consists of more than 800 individual holdings from various developed and emerging markets. The largest country allocations go to Taiwan (21%), South Korea (20%), and China (17%), with Hong Kong, India, Singapore, Malaysia, Thailand, and Indonesia also represented in the underlying index. From a sector perspective, AXJS is pretty well balanced; no one corner of the market makes [...] Click here to read the original article on ETFdb.com. Related Posts: E*TRADE Joins Commission Free ETF Party Three Defensive ETFs For The S&P Downgrade Five ETFs For Global Yield WisdomTree Tweaks Seven Equity ETFs Highlighting Five Free ETF Tools
iShares continued its torrid pace of product development with yet another first-to-market ETF, rolling out a fund targeting small cap Asian stocks excluding Japan. The new iShares MSCI All Country Asia ex Japan Small Cap Index Fund (AXJS) is the first to specifically target small cap stocks in that geographic segment, though a handful of other exchange-traded products offer exposure to larger Asian companies while explicitly excluding Japan [see also Five New Features On ETFdb.com] .  Under The Hood Linked to the MSCI All Country Asia ex Japan Small Cap Index, AXJS consists of more than 800 individual holdings from various developed and emerging markets. The largest country allocations go to Taiwan (21%), South Korea (20%), and China (17%), with Hong Kong, India, Singapore, Malaysia, Thailand, and Indonesia also represented in the underlying index. From a sector perspective, AXJS is pretty well balanced; no one corner of the market makes [...]

Click here to read the original article on ETFdb.com.

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