Bringing you live news and features since 2006 

BlackRock launches Swedish equity ETF


BlackRock has launched a new ETF tracking the OMX Stockholm Benchmark Cap Index, in response to growing investor demand for access to the Swedish domestic equity market.

The fund is BlackRock’s first Dublin domiciled iShares ETF with single country exposure to Sweden, and provides broad exposure to approximately 80 of the largest and most liquid stocks from the country’s equity market.

The iShares OMX Stockholm Capped UCITS ETF (OMXS) will be listed in the UK and Germany, and registered for sale in Sweden, Finland, Norway and Denmark. It provides investors exposure to approximately 85 per cent of the publicly-traded stock market in Sweden, with companies from a variety of sectors.
Matti Tammi, Director in the iShares Nordics team at BlackRock, says: “The strong and stable long-term prospects of the Swedish economy make it an attractive investment for many investors. This ETF is a simple, cost-effective way for investors to build a country-specific allocation to the market within their portfolio. It should appeal to Swedish investors looking for domestic exposure, as well as international investors interested in the diversification that listed Swedish companies represent.”

The fund is physically replicating, meaning it buys the securities of the index, and has a total expense ratio of 0.10 per cent.  The base currency of the fund is the Swedish Krona.

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by