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New iShares ETF offers access to emerging Gulf States region

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BlackRock has launched a new iShares Exchange Traded Fund on Xetra and Börse Frankfurt offering investors access to large to lid cap Saudi Arabian equities.

The iShares MSCI Saudi Arabia Capped UCITS ETF (Acc) is a fully replicating ETF based on the MSCI Saudi Arabia 20/35 index, which ensures a diversified index composition through a maximum share weighting of up to 35 per cent for the largest issuer and up to 20 per cent for the other issuers. 

The investment product is tradable as an accumulating share class.

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