iShares MSCI Europe Financials ETF
EUFN·NASDAQ
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Key Stats
Assets Under Management
3.64BUSD
Fund Flow (1Y)
-374.98MUSD
Dividend Yield
3.55%
Discount / Premium to NAV
0.04%
Shares Outstanding
97.40M
Expense Ratio
0.49%
About iShares MSCI Europe Financials ETF
Issuer
BlackRock Fund Advisors
Brand
iShares
Inception Date
Jan 20, 2010
Structure
Open-Ended Fund
Index Tracked
MSCI Europe Financials Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EUFN seeks to provide exposure to the broad financial sector in developed European countries. The fund's small basket of large- and midcap securities translates to higher concentration risk—over 40% of its assets are dedicated to the top 10 holdings, so investors must be comfortable with EUFN's top names. EUFN is also an extremely well-managed fund, making it a markedly efficient option in the space. Notably, the fund uses representative sampling indexing, instead of replicating the index. The index is subject to a quarterly review, and is rebalanced on a separate semi-annual review.
Classification
Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Broad-based
Strategy
Vanilla
Geography
Developed Europe
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Analysis
Sector
Financial Services
98.22%
Technology
1.06%
Industrials
0.72%
Financial Services
98.22%
Technology
1.06%
Industrials
0.72%
Asset
Holdings
Symbol
Ratio
HSBC HOLDINGS PLC
9.23%
BANCO SANTANDER SA
5.33%
ALLIANZ
5.05%
UBS GROUP AG
3.91%
BANCO BILBAO VIZCAYA ARGENTARIA SA
3.85%
Symbol
Ratio
UNICREDIT
3.29%
ZURICH INSURANCE GROUP AG
3.17%
BNP PARIBAS SA
3.16%
INTESA SANPAOLO
2.74%
MUENCHENER RUECKVERSICHERUNGSGESE
2.54%
Top 10 Weight 42.27%
96 Total Holding
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
FAQ
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